Demand for transportation fuels remains strong despite mixed signals from inventory data collected by the U.S. Energy Information Administration (EIA), U.S. filmmakers said on Thursday. Fears that the U.S. economy is heading into a recession have sent crude oil prices lower as recessions are usually followed by periods of lower fuel demand. Demand for gasoline has remained below the five-year seasonal average since early June, according to EIA data. U.S. gasoline demand rebounded by 8.5% last week after falling in early July, the data showed. “Through our wholesale channel, there’s really no indication of any demand destruction … in June, we actually set sales records,” Gary Simmons, Valero Energy Corp (VLO.N) executive vice president, told analysts on the company’s second-quarter earnings call on Thursday. He added that the company […]