Oil Prices

Spot oil prices were around $75 per barrel in early July 2021. They crashed after the coronavirus pandemic and subsequent lockdown led to a dramatic cut in demand. Prices fell from almost $70 a barrel in early January to below $20 per barrel in late April 2020. Oil prices peaked in July 2008 at almost $150 per barrel and were in the $100-125 range for much of 2011 to early 2014.

Oil Prices

Covax and global access to Covid-19 vaccines

The purchasing and administration of Covid-19 vaccines has been dominated by richer economies. In April 2020, the Covax initiative was established to ensure fair access to vaccines. This paper sets out how Covax works, the challenges it faces, and the contributions of the UK and other high-income economies to the global distribution of vaccines.

Covax and global access to Covid-19 vaccines

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