In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis realize that COVID-19’s impact on the aviation industry has been significant, but highlight the decrease in demand for jet fuel is only a drop in the crude oil bucket. With the media focusing so much of their attention on jet fuel decimation, market participants are associating this fact to the overall global demand picture. Until the media’s portrayal of oversupply in processed aviation fuels is corrected, the negative demand outlook for the oil industry as a whole cannot be fixed.
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