After a bright start earlier in the month, the oil price rally appears to have once again run out of steam thanks to an old nemesis threatening to overrun China once again--Covid-19. Oil prices have remained range-bound in the low 50s despite several analysts viewing drilling restrictions imposed by the Biden administration as being bullish for the sector. The EV sector, though, has remained largely indifferent to the growing Covid threats. After posting one of its best years in a decade, the EV sector is looking unstoppable and on track for yet…
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