Oil’s challenges persist into 2021

摘要

The coronavirus pandemic that gripped the world has not yetbeen stopped. But as COVID-19 vaccinations are administered, thisyear begins with hopes that oil and product demand will reach somesemblance of normalcy.2020 ended with a bit of a “sugar rush” that helped propel oil pricesto pre-U.S. lockdown levels last seen in late February and early March.However, it is going to be the next step up for prices that will pose thebigger challenge.