Exports westward have come largely from countries such as South Korea, Japan and India. That has decreased jet fuel and kerosene floating storage in Asia to 1.1 million barrels from four million barrels in early May, according to Vortexa.
But air travel in the United States also has not recovered. Activity rebounded around the July 4 US holiday, but has since stalled, Standard Chartered said Wednesday. The week-over-week rolling seven-day average for passenger number growth in the United States fell below zero in mid-July for the first time since April 20, the company said.
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