Cathie Wood doubles down, calls top in oil as EVs set to "destroy" demand

Mar. 07, 2022 1:12 PM ETXLE, SHEL, BTU, USO, NRT, TSLA, ARKKBy: SA News Team503 Comments

Money pouring out of a pipe

canakat/E+ via Getty Images

  • In a now famous tweet following oil's (NYSEARCA:USO) historic pandemic-related price collapse in July 2020, Ark Invest's (NYSEARCA:ARKK) Cathie Wood called for the price of oil to fall to $12 per barrel:
  • With the price

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