this post was submitted on 06 May 2024
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[–] arin@lemmy.world 8 points 6 months ago (1 children)

Oil losing value, someone remind them that selling their bag holding oil stocks is a good play.

[–] SaltySalamander@fedia.io 3 points 6 months ago* (last edited 6 months ago) (1 children)

If anything, oil is increasing in value. It certainly isn't losing it.

[–] arin@lemmy.world 1 points 6 months ago

Less demand=less value. More electric vehicles=less oil