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03/04/17
18:14
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Originally posted by Renovadio
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Will the crude oil glut, sending prices at the pump to an all time low (in about 6 months & stay at low levels for at least 12 months), affect the LITHIUM market...
No OPEC producers are willing to cut production just yet & neither are any other crude producing nations, especially the U.S with Trump at the helm..
I'm well aware that the transport industry isn't the only sector where LITHIUM will be used, but seems to be the biggest future user, hence my question...would like to hear some insight on this...thanks...
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Short term cheap oil won't help Li economics, but see low prices as symptom of fire-sale.
Saudis looking to IPO all/part of ARAMCO suggests clock is ticking for oil...