Relief for
oil: As more people get coronavirus vaccines, demand for fuels like gasoline will tick back up. That should raise the price of oil - and provide relief to the companies that sell it. What else?
Producers will be much leaner next year, now that they ve cut spending, and that may inspire investors to load up on energy stocks.
Still, there will be pain ahead for oil firms until demand for fuel returns. Experts we spoke to offered up different dates for when that might happen, including never.
There s another reality: Should demand return, it will inevitably fall back down, following the rise of electric cars. The oil industry doesn t have a lot of growth potential in the long term.