Investing in Oil transportation companies profits as economies reopen. If you estimate a second wave of COVID-19 to be less severe or less likely than the market (my view), then oil transportation makes sense.
I've taken "when the data changes I change my view" to a bit of an extreme, often flipping my pessimism/optimism each week. So keep that in mind when I say that my current data suggests a partial reopening is likely to be more successful than expected.
I watched Denmark's case numbers after they reopened schools. Schools! Kids are excellent at spreading disease, so I checked on Denmark 4-5 days later, expecting new infections to spike... same 150 new cases/day... week later... same. Denmark saw no change whatsoever in the data I have. Their northerly neighbor Sweden didn't do a full shut down, but opted for shelter according to risk factor, and personal responsibility for social distancing. They have not retracted that view, and remain mostly open. It looks like reopening, with restrictions on the most risky events, can work.
Which means people may ramp up their normal activities like driving places, and that will cause oil demand go to back up. So if reopening goes well, oil demand will go up with it.
As an aside, there was some interesting peak oil storage circumstances in April. The U.S. allowed it's strategic oil reserve to hold oil, oil tankers were rented for storage, and OPEC+ agreed to production cuts. There may have been a possibility of peak oil storage in May, but that date has been pushed out indefinitely, from what I can tell.