AJOT Newsroom
| March 19, 2021
| Energy
The vaccine distribution cycle was not expected to be perfect, but the recent spike in cases in Europe, which some are calling the third wave, is not being met with a brigade of vaccines, but with vaccine skepticism instead. Rystad Energy has modeled the impact of the possibility of extended vaccination campaign hick-ups and has found that the recovery of up to 1 million barrels per day (bpd) of oil demand is at risk in 2021, depending on the duration of the setbacks.
