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June 12, 2021

Wanes

Oil near one-week high as prospect of Iran glut wanes

Reuters
Oil prices slipped on Tuesday, but were near one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets. Brent crude futures were down 20 cents, or 0.3%, at $68.26 a barrel by 1223 GMT,......

Scientist who helped develop Pfizer-BioNTech Covid vaccine agrees third shot is needed as immunity wanes

CNBC
CNBC – For more and to sign up click here The chief medical officer of BioNTech told CNBC on Wednesday that people will likely need a third shot of its two-dose Covid-19 vaccine as immunity against the virus wanes, agreeing with previous comments made by Pfizer CEO Albert Bourla. Dr.......

OPEC raises 2021 oil demand growth forecast on hope pandemic wanes

Reuters
LONDON (Reuters) -OPEC on Tuesday raised its forecast for growth in world oil demand this year on expectations the pandemic will subside, providing help for the group and its allies in their efforts to support the market. FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed......

The West’s Patience With Uganda’s Strongman Wanes After a Bloody Election

New York Times
New York Times – For more and to sign up click here NAIROBI, Kenya — A bloody and contentious election season in Uganda, in which dozens of people were killed and the principal opposition candidate was placed under de facto house arrest, recently gave a sixth five-year term to President......

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