OILMONSTER.COM- Kuwait Oil Minister Mohammad Abdulatif al-Fares said on Tuesday global demand for crude oil “improved noticeably” as a result of COVID-19 vaccine rollouts and economic stimulus in major economies, the state-run Kuwait News Agency reported.
Al-Fares spoke ahead of a virtual meeting of the Organisation of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, the agency said.
“OPEC’s policy is to deal carefully with the latest market developments,” he said.
Courtesy: www.reuters.com