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12/3/2020, 8:08 PM (Source: TeleTrader)
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Vaccine takers to dictate economic recovery - Saudi oil min

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman said on Thursday that the number of people who decide to take coronavirus vaccines and the worldwide response to the mass vaccination will be instrumental in the global economic rebound, "maybe" even more important than the emergence of vaccines and their distribution.

The idea was taken into account when determining the Organization of the Petroleum Exporting Countries (OPEC) "cautious" future production policies, he told reporters at a press conference.

Some lockdowns are "serious," but recent ones won't damage demand as those that had been imposed during the first wave of the pandemic, Prince Abdulaziz specified, expressing hopes that the "new wave will be short-lived."

Breaking the News / MS