As lockdowns eased in May, gasoline demand increased and jet fuel continued to fall

The U.S. Energy Information Administration’s (EIA) data show that demand (measured by EIA as product supplied) for motor gasoline increased in May as many states began to relax stay—at—home orders, but demand for jet fuel continued to decline because of reduced commercial air travel. EIA’s July Petroleum Supply Monthly (PSM), which includes data through May 2020, shows how crude oil and petroleum product markets continue to be affected by the measures taken to mitigate the spread of coronavirus.
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SynEnergy Partners LLC continues to monitor COVID-19 around the clock under the guidance of our Global Crisis and Regional Incident Management teams, and we have responded as a company with compassion for those who may be affected as well as an abundance of caution to limit the spread of the virus.

We are also taking measures to ensure business continuity remains unimpacted during this time.