January 29th, 2021

New vaccines from both Johnson & Johnson and Novavax have added to bullish sentiment in oil markets as hopes of a return to normal grow.

Oil prices appear set to close out the week mostly flat, but on Friday prices are up from a day earlier. Hopeful news surrounding the two new vaccines – one from Johnson & Johnson and one from Novavax – raised hopes of more vaccine supply. 

Source: Finance at Yahoo