Source: http://www.bloomberg.com/news/articles/2015-02-11/goldman-here-s-why-oil-crashed-and-why-lower-prices-are-here-to-stay
As the chart hit the February period, demand has picked up as well. The justification for the increase in demand is unknown. Our vehicles do not consume more fuel than before, or rather that fuel prices have gone down that we can travel cheaply. But yet that do not justify the vast increase as well, unless oil consuming countries like India, China and US are aggressively buying them into their oil reserves.
The cheap oil prices could also improve profitability of the transport sector as well. A long decrease in oil prices could allow transport companies, utility companies to reduce their expenses.
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