LONDON, April 14 (Reuters) - Vaccine rollouts are
brightening the outlook for global oil demand, the International
Energy Agency (IEA) said on Wednesday, though rising cases in
some major oil-consuming countries show a recovery may be
fragile.
"Fundamentals look decidedly stronger," the IEA said in its
monthly report.
"The massive overhang in global oil inventories that built
up during last year's COVID-19 demand shock is being worked off,
vaccine campaigns are gathering pace and the global economy
appears to be on a better footing."