Oil Demand going up in Europe - May 21
Posted: Fri May 21, 2021 1:54 pm
From Bloomberg: Europe’s Oil Demand Gets a Boost as Drivers Hit the Roads Again
In parts of Europe, highways are getting as busy as they were before the pandemic, offering a boost to the region’s oil demand.
Traffic on Spain’s toll roads was the closest to 2019 levels in at least 15 months last week, according to data from operator Atlantia. It’s a similar picture in France where highway use in the early weeks of May is only marginally down on 2019 levels. In Poland, agency figures show traffic levels are now higher than two years ago.
Read more:
https://www.bloomberg.com/news/articles ... f=866aH6XX
In parts of Europe, highways are getting as busy as they were before the pandemic, offering a boost to the region’s oil demand.
Traffic on Spain’s toll roads was the closest to 2019 levels in at least 15 months last week, according to data from operator Atlantia. It’s a similar picture in France where highway use in the early weeks of May is only marginally down on 2019 levels. In Poland, agency figures show traffic levels are now higher than two years ago.
Read more:
https://www.bloomberg.com/news/articles ... f=866aH6XX