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Oil

COVID-19 vaccine optimism supports oil market recovery: Kuwait minister

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The oil market is being supported by optimism that COVID-19 vaccinations will assist a global economic recovery, state news agency KUNA reported Kuwaiti Oil Minister Mohammad al-Fares as saying on Wednesday.

Read the latest updates in our dedicated coronavirus section.

The minister spoke a day ahead of a market monitoring committee meeting of the Organization of the Petroleum Exporting Countries (OPEC).

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