> Then when the pandemic stops forcing that thing to an unusual level, it springs back toward its normal level, and again other things take time to adapt and fi

> Then when the pandemic stops forcing that thing to an unusual level, it springs back toward its normal level, and again other things take time to adapt and find an equilibrium. There will be no stable equilibrium for a long time ahead. Governments around the world continue to introduce lockdowns on a short notice when cases rise and we are nowhere near COVID-restrictions free international travel. Any change in restrictions would change oil demand too.