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Pandemic boost for global car sales to spark surge in oil demand


Apr 29, 2021
It’s starting to feel as commonplace as hand-washing: To protect against COVID-19, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fueling a demand surge for oil and metals.
Julie Murataj is a reluctant part of the shift. Two of her three kids are now getting dropped off at school instead of taking public transit. Then she drives her Volvo SUV to work, where she helps London schoolchildren cross the road by halting traffic with a bright, red and yellow stop sign that Brits call a “lollipop.” It’s a front-row seat to the world’s changing travel habits. ....

Hong Kong , City Of , United Kingdom , Julie Murataj , Saad Rahim , Gary Simmons , Simon Birkett , Vinkesh Gulati , Valero Energy Corp , Energy Aspects , Us Energy Information Administration , Toyota Motor Corp , Trafigura Group , York Metropolitan Transportation Authority , International Energy Agency , Imperial College London , Federation Of Automobile Dealers Associations , Deutsche Bahn , Toyota Motor , Richard Bronze , Northern Hemisphere , Valero Energy , Information Administration , Shizuoka Prefecture , New York , Metropolitan Transportation Authority ,

The car makes a COVID comeback, and that means burning more oil


The car makes a COVID comeback, and that means burning more oil
Alex Longley, Debjit Chakraborty and Andy Hoffman, Bloomberg News
Rising number of cases in India will impede global demand growth for crude oil: Energy analyst
VIDEO SIGN OUT
​It’s starting to feel as commonplace as handwashing: To protect against COVID, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fueling a demand surge for oil and metals.
Julie Murataj is a reluctant part of the shift. Two of her three kids are now getting dropped off at school instead of taking public transit. Then she drives her Volvo SUV to work, where she helps London schoolchildren cross the road by halting traffic with a bright, red and yellow stop sign that Brits call a “lollipop.” It’s a front-row seat to the world’s changing travel habits. ....

Hong Kong , New York , United States , City Of , United Kingdom , Julie Murataj , Saad Rahim , Gary Simmons , Simon Birkett , Vinkesh Gulati , Bp Plc , Valero Energy Corp , Energy Aspects , Us Energy Information Administration , Trafigura Group , Transportation Authority , International Energy Agency , Imperial College London , Federation Of Automobile Dealers Associations , Deutsche Bahn , Motor Corp , Richard Bronze , Northern Hemisphere , Valero Energy , Information Administration , Shizuoka Prefecture ,

Gasoline Is Big Winner in Great Car Comeback


by Bloomberg
|Thursday, April 29, 2021
A great car comeback is sending vehicle sales soaring and fueling a demand surge for oil and metals.
(Bloomberg) It’s starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fueling a demand surge for oil and metals.
Julie Murataj is a reluctant part of the shift. Two of her three kids are now getting dropped off at school instead of taking public transit. Then she drives her Volvo SUV to work, where she helps London schoolchildren cross the road by halting traffic with a bright, red and yellow stop sign that Brits call a “lollipop.” It’s a front-row seat to the world’s changing travel habits. ....

Hong Kong , New York , United States , City Of , United Kingdom , Julie Murataj , Saad Rahim , Gary Simmons , Simon Birkett , Vinkesh Gulati , Bp Plc , Valero Energy Corp , Energy Aspects , Us Energy Information Administration , Trafigura Group , Transportation Authority , International Energy Agency , Imperial College London , Federation Of Automobile Dealers Associations , Deutsche Bahn , Motor Corp , Richard Bronze , Northern Hemisphere , Valero Energy , Information Administration , Shizuoka Prefecture ,

Covid Boost for Global Car Sales to Spark a Surge in Oil Demand


Apr 30 2021, 9:41 AM
April 29 2021, 4:30 AM
April 30 2021, 9:41 AM
(Bloomberg) It’s starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fueling a demand surge for oil and metals.
(Bloomberg) It’s starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fueling a demand surge for oil and metals. ....

Hong Kong , City Of , United Kingdom , Julie Murataj , Saad Rahim , Gary Simmons , Simon Birkett , Vinkesh Gulati , Bp Plc , Valero Energy Corp , Energy Aspects , Us Energy Information Administration , Toyota Motor Corp , Trafigura Group , York Metropolitan Transportation Authority , International Energy Agency , Imperial College London , Federation Of Automobile Dealers Associations , Deutsche Bahn , Toyota Motor , Richard Bronze , Northern Hemisphere , Valero Energy , Information Administration , Shizuoka Prefecture , New York ,