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Tuesday, 21 May 2024
COVID-19 vaccine optimism supports oil market recovery: Kuwait minister
An oil tanker loading crude at Mina Al AHmadi Port, 25 miles (40 km) south of Kuwait City. (File photo: AP)

The oil market is being supported by optimism that COVID-19 vaccinations will assist a global economic recovery, state news agency KUNA reported Kuwaiti Oil Minister Mohammad al-Fares as saying on Wednesday.The minister spoke a day ahead of a market monitoring committee meeting of the Organization of the Petroleum Exporting Countries (OPEC).

source: Reuters

Image source: AP