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Analysis

Oil recovery waits for international flying to return

John Kemp

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Jet fuel consumption remains the hardest-hit section of the global oil market as passengers avoid air travel because of the pandemic and government travel restrictions.

The specific problems of the jet market explain why refinery margins for closely related distillates such as diesel are being hit much harder than benchmark oil prices.

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Reuters

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    Original URL: https://www.afr.com/markets/commodities/oil-recovery-waits-for-international-flying-to-return-20200920-p55xf2