Bet the oil supply cut won't last, human nature and greed will kick in. It's only 1% globally anyhow. It will take time but they are all watching the ev revolution as well. I wonder if any of these sovereign producers will or have started looking at the ev supply chain, ie lithium being the "new" oil and pouring some money in there. Ie hedge their positions. IMO
GXY Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held