Brent crude was up 14 cents, or 0.4%, at $36.20 a barrel by 0040 GMT, after gaining nearly 1% on Thursday. The contract is heading for a jump of more than 10% for the week.
The lifting of some coronavirus curbs is driving a recovery in gasoline demand with traffic congestion in some of the world’s capitals returning to year-earlier levels, data prepared for Reuters shows. “While the vacations outlook remains an open-ended question, a degree of summer driving will be salvaged compared to had U.S. states delayed relaxing lockdown policies,” RBC Capital Markets said in a note.
More accurate: 'GHG emmissions and air polution retrun to abnormal as nations ease restrictions.'
In other news, 💧 is wet.
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