Reasons are well-known
Declining inventories
Capex declining for years
Demand is growing from EM
Reserves are also in decline
Capex going to less capital efficient renewables
Declining inventories
Capex declining for years
Demand is growing from EM
Reserves are also in decline
Capex going to less capital efficient renewables
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.