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Oil market still facing COVID-related uncertainty: OPEC chief

MOSCOW, Oct 14 (Reuters) – The oil market continues to face uncertainties stemming from the COVID-19 pandemic, OPEC Secretary General Mohammad Barkindo told the media on the sidelines of an energy forum in Moscow on Thursday.

“The market is taking its course according to the fundamentals of supply and demand, but we must admit that there are external factors that are influencing the evolution of the market,” he said.

Regarding how COVID-19 is creating uncertainty, Barkindo pointed to “the responses of governments as various variants, mutations emerge and how the world can increase vaccination rates, particularly in developing countries.”

(Reporting by Vladimir Soldatkin; written by Tom Balmforth; edited in Spanish by Marion Giraldo)

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