Goldman Sachs Says EV Surge May cut Oil Demand by Late 2027

By Reuters June 22 (Reuters) – Goldman Sachs said accelerating electric vehicle adoption following a Hormuz-related oil supply shock could ​trim global oil demand by up ‌to 0.32 million barrels per day by late 2027. Global EV car sales penetration increased 3.4 percentage points, ​the bank said in a note, to ​reach 26.1% last month — … Read more