U.S. COVID-19 vaccine program head Moncef Slaoui said the first Americans to receive a coronavirus vaccine could get it as soon as Dec. 11, CNN reported on Sunday.
"Our plan is to be able to ship vaccines to the immunization sites within 24 hours from the approval, so I expect maybe on day two after approval on the 11th or the 12th of December," he said
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If the vaccines are as successful as promised, we should see strong oil demand growth by the end of Q1.
Great News! Covid-19 vaccines in U.S. starting Dec 11
Great News! Covid-19 vaccines in U.S. starting Dec 11
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Great News! Covid-19 vaccines in U.S. starting Dec 11
China and Russia have already deployed their Covid-19 vaccines.
Chinese authorities have inoculated nearly one million Chinese people with a vaccine from one state company, though it has yet to provide concrete clinical evidence of its efficacy. According to the journal, Russia has said its homegrown vaccine has an efficacy rate above 90%.
This news is significant. Oil demand is already rising in China and may start rising in other parts of the world as the expectations for returning to normalcy start to get priced in. We will see a supply deficit in the second half of the year, and the curve is starting to price that in as well.
Chinese authorities have inoculated nearly one million Chinese people with a vaccine from one state company, though it has yet to provide concrete clinical evidence of its efficacy. According to the journal, Russia has said its homegrown vaccine has an efficacy rate above 90%.
This news is significant. Oil demand is already rising in China and may start rising in other parts of the world as the expectations for returning to normalcy start to get priced in. We will see a supply deficit in the second half of the year, and the curve is starting to price that in as well.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group