Goldman Sachs says EV surge may cut oil demand by late 2027
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Goldman Sachs suggests that a surge in electric vehicle sales may lead to a decrease in oil demand by late 2027. Some reports indicate that this decrease could be driven by a china-led boom in electric vehicles, potentially affecting oil prices. However, the overall outlook for oil demand is uncertain, with some sources suggesting it may have already peaked, while others discuss separate factors that could impact energy markets.
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