Demand for motor gasoline increased in May as many US states began to relax stay-at-home orders, but demand for jet fuel continued to decline because of reduced commercial air travel.
The US EIA has reported that petroleum demand will remain below 2019 levels for several more months.
The EIA has reported that US crude oil and natural gas production in April had the biggest monthly decrease in years.
The US EIA has reported on Henry Hub natural gas spot prices and how low they have fallen in the first half of 2020.
The US EIA has reported that the drop in petroleum demand led to a rise in crude oil inventories and low refinery utilisation.
The US EIA has reported that trends in fuel ethanol production and inventory changes have largely followed motor gasoline.