Post Tagged with: "Vaccines"

Source: Reuters

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

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 …

March 31, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

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

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 …

Source: Reuters

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

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 …