Electric-Vehicle Shift Will Keep a Lid on Oil Prices

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Electric-Vehicle Shift Will Keep a Lid on Oil Prices
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Heard on the Street: The world may be moving away from gas guzzlers quicker than planned. Oil prognosticators should take note

German auto supplier Continental said recently that it would cut investment in conventional engine parts because of a faster-than-expected fall in demand. New data also shows diesel car sales in Norway are declining rapidly in favor.

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