LONDON, Dec 15 (Reuters) - The roll-out of vaccines this
month to combat the coronavirus pandemic will not quickly
reverse the destruction wrought on global oil demand, the
International Energy Agency (IEA) warned on Tuesday.
"The understandable euphoria around the start of vaccination
programmes partly explains higher prices but it will be several
months before we reach a critical mass of vaccinated,
economically active people and thus see an impact on oil
demand," the IEA said in its monthly report.
"In the meantime, the end of year holiday season will soon
be upon us with the risk of another surge in COVID-19 cases and
the possibility of yet more confinement measures."