Promising vaccine trial data sparks oil stocks euphoria despite long road to rollout

摘要

Oil prices and stock markets surged on Monday after drug makers Pfizer and BioNTech announced their coronavirus vaccine has proven to be “90% effective” in the latest round of trials. While the companies themselves cautioned there is still a long way to go before this or any vaccine could be proven, authorised and rolled out globally, trading sentiment turned positively jubilant on the prospect that an end to the economic misery of Covid-19 might at some point loom into view.