Oil & Pegs By: TalkMarkets May 30, 2017 at 05:58 AM EDT Cars make up 51.4% of oil consumption and jet fuel is 12.3%. Historically, demand drops with the economy as people drive and travel less. That is clearly the trend we see ahead. Read More >> Related Stocks: RMB/USD ETN Vaneck United States Oil Fund iPath Dow Jones-Goldman Sachs Crude Oil Fund