Lack of price control will send oil to its grave

The introduction of electric cars already poses a threat to the oil industry, but a too high oil price could push development even further in the direction of renewable energy sources, Nordea's Norwegian oil analyst tells EnergyWatch.

Photo: PR Nordea


While OPEC fights a tough battle to keep the oil price up, Nordea's Norwegian oil analyst Thina Saltvedt fears that a too high oil price will mean the end of the oil industry.

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