ARK's Cathie Wood weighs in on oil, sees $70 ceiling

May 11, 2021 2:24 PM ETCrude Oil Futures (CL1:COM), CO1:COMQQQ, USO, ARKK, COM, CO1:COM, CL1:COMBy: Kim Khan, SA News Editor259 Comments
  • ARK Invest's Cathie Wood is weighing in on the energy market, saying that electric vehicles will keep crude from breaking out.
  • Speaking at ARK's monthly webinar, Wood predicts "a very serious correction in commodity prices" and says that she would be "surprised" if oil prices

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