MOSCOW, Oct 14 (Reuters) – The oil market continues to face uncertainties stemming from the COVID-19 pandemic, OPEC Secretary Common Mohammad Barkindo instructed reporters on the sidelines of an power discussion board in Moscow on Thursday.
“The market is taking its course in accordance with provide and demand fundamentals. However we should admit there are exterior components which might be influencing the evolution of the market,” he stated.
Relating to how COVID-19 is creating uncertainty Barkindo pointed to “responses by the governments as the varied variants, mutations emerge and the way the world is ready to upscale the vaccination charges particularly in growing international locations”.
Reporting by Vladimir Soldatkin; writing by Tom Balmforth; enhancing by David Goodman and Jason Neely
Our Requirements: The Thomson Reuters Trust Principles.
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