Vaccines

OPEC cuts, vaccines to sustain oil’s recovery: Reuters poll

March 31, 2021

Reuters Oil prices will stabilise above $60 a barrel level this year, as vaccine rollouts support a demand recovery and OPEC and its allies continue to rein in supply, a Reuters poll showed on Wednesday. The survey of 48 participants forecast Brent would average $63.12 per barrel in 2021, up from last month’s consensus of $59.07 and the average price

Vaccines, stimulus set tone for 2021 as year ends on bullish note

December 31, 2020

Reuters SINGAPORE – Global commodity markets are poised to end 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic. Roll-outs of vaccines to combat the virus and trillions of dollars’ worth of fiscal support are expected to boost investment and spending in 2021. “It’s

Oil’s rally, fueled by vaccine progress, is running out of steam

December 22, 2020

Reuters NEW YORK -The oil market has rallied almost 40% in the last two months, pushing benchmarks to nine-month highs, in a euphoric response to progress on COVID-19 vaccines that has investors thinking the end of the coronavirus pandemic is in sight. Reality struck back on Monday, however, with a selloff driven by the surge in cases in the United

OPEC cuts, vaccines to sustain oil’s recovery: Reuters poll

Vaccines, stimulus set tone for 2021 as year ends on bullish note

Oil’s rally, fueled by vaccine progress, is running out of steam

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