The COVID-19 pandemic has made its own adjustments to the development of the oil sector. In this light, demand for hydrocarbons sagged in many countries. This year, however, fuel demand has increased, having a positive effect on the economies of particular countries. Check out our top 7 nations with the rapidly recovering oil industry
Photos of recent events: 3 shares of EV sector poised to surge soon
According to Bloomberg, the sales of electric vehicles will rise more than 4 times by 2025 and will reach 8 million cars per year. In another 5 years, 26 million eco-friendly cars will be sold yearly, while by 2040, their number will hit 54 million. The rapidly developing market of green vehicles requires the expansion of the EV production capacity along with the associated infrastructure and production of car components. So, it is hardly surprising that these two sectors are attracting investors. Read about 3 promising companies related to the EV sector whose shares may surge soon.