Oil Demand In Asia Is Bouncing Back

1. V-shaped recovery and a bull market- While the V-shaped recovery hopes were dashed for 2020, the highly-effective vaccines set to be made available in the coming months promises a swift recovery in the latter half of 2021. - But the story could be even bigger. Goldman Sachs says that the “recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.” - The investment bank said there are three main drivers: under-investment in supply, Covid-related fiscal stimulus, and a weaker…