PatrikL

USOIL think more macro

Long
PatrikL Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Oil is a commodity, it is greatly influenced by supply and demand. That's why electrification can make troubles in further growth, because there will not be demand, producers would like to supply the market with - to find equilibrium. But people found an alternative source of energy, that can replace oil / Electricity.
In China there are given benefits by government to buy electric car, and have substitutes for $ 5,000, by Ford, Volvo, Honda, etc.

IPO of Saudi Aramco

Allocate money with the crowd, hold it, take profits

Patience brings money
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