Three Catalysts That Will Control Oil Prices In 2021

In recent weeks, there have been some wild swings and speculation in the oil market. The two most influential developments have been Joe Biden’s victory in the U.S. presidential election and Pfizer’s vaccination breakthrough. Both of these events have the potential to significantly impact global oil markets. Then, as we at Primary Vision Network have been warning for months, the second wave of COVID-19 hit, and optimistic estimates of oil demand recovery collapsed. While all of these events have impacted oil prices over the last few…