Exxon Mobil Corporation (XOM)

[biotech_researcher]

No wonder the Ruskies and the Saudi’s are having a love fest:

Electric cars will wipe out oil demand equal to Iran's output by 2025, Barclays says.

Oil consumption could take a major hit in the coming years as a growing number of countries curb fossil fuel-powered cars, Barclays said.

Read more: https://www.cnbc.com/2017/10/05/electric-cars-could-cut-oil-demand-roughly-equal-to-irans-output.html

Unfortunately, this is how conflicts start because of declining growth