Short Oil - Major resistance level - EV's will kill Oil business
Oil is about to drop, big! Weekly RSI showing major resistance at $61 - 62.
Electric vehicles will kill global oil industry by 2030.
Big Oil Is Getting Scared Of Electric Vehicles – And So It Should Be
"EVs are going to have the same disruptive consequences. Over a million EVs were sold in Europe in 2020, are projected to hit 585,375 in 2021 in the US, and sales are strong in China too. Companies and individuals with a lot invested in the traditional fossil fuel industries are now starting to react in typical fashion, by attempting to discredit what they perceive as a threat."
forbes.com/sites/jamesmorris/2021/01/02/big-oil-is-getting-scared-of-electric-vehicles--and-so-it-should-be/
Electric vehicles will kill global oil industry by 2030.
Big Oil Is Getting Scared Of Electric Vehicles – And So It Should Be
"EVs are going to have the same disruptive consequences. Over a million EVs were sold in Europe in 2020, are projected to hit 585,375 in 2021 in the US, and sales are strong in China too. Companies and individuals with a lot invested in the traditional fossil fuel industries are now starting to react in typical fashion, by attempting to discredit what they perceive as a threat."
forbes.com/sites/jamesmorris/2021/01/02/big-oil-is-getting-scared-of-electric-vehicles--and-so-it-should-be/
Note
FORD SAYS PASSENGER VEHICLES IN EUROPE WILL BE ALL-ELECTRIC OR PLUG-IN HYBRID BY MID-2026; MOVING TO ALL-ELECTRIC BY 2030twitter.com/DeItaone/status/1361978812951576581
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.