OPEC+: Big Decisions Ahead – OpEd

By Cornelia Meyer*

The news of a new Pfizer/BioNTech vaccine with 90 percent efficacy sent stock markets and the oil price soaring at the beginning of last week. However, when the reality for timelines and distribution set in, oil gave up more than a third of its gains by Friday. On midday Monday CET Brent stood at $43.47 per...