Basically says China now has 32% of its internal car sales for EVs and will be at 40% soon. Also says it is rapidly changing transportation vehicles to EV as well. This is reducing its need for oil and gasoline. This along with changes in Asia is already impacting the Saudis who realize their long term status in the oil industry is changing. The article hypothesizes this is why the Saudis are changing their strategy to raise prices while they can. Any thoughts?
https://www.msn.com/en-us/money/mar...p&cvid=64560a3e489b422cb6f8e75f7764d145&ei=20
https://www.msn.com/en-us/money/mar...p&cvid=64560a3e489b422cb6f8e75f7764d145&ei=20
