PODCAST: Coronavirus vaccine drives oil prices but challenges remain

Author: Sophie Udubasceanu


LONDON (ICIS)--The Pfizer coronavirus vaccine rattled oil prices this week, but the rally slowed down by 12 November. Challenges remain, with widespread distribution now key to demand recovery. Why has the reaction been so strong so far? What does the shift in the oil forward curve indicate? Market experts Sophie Udubasceanu and Richard Price discuss the market’s outlook.