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Tuesday, August 6, 2019

Nick Cunningham — The Threat That Will Send Oil Down To $10

Oil prices will need to trade at around $9 to $10 per barrel in the long run if gasoline is going to be able to compete with electric vehicles and renewable energy. That startling conclusion comes from BNP Paribas, which warned in a new report that crude oil is facing an existential and likely mortal threat from renewable energy and EVs....
Oilprice.com
The Threat That Will Send Oil Down To $10
Nick Cunningham

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