Technology stocks in USA recovered 50% of losses on Tuesday trade among what is lost on Monday Trade.

Facebook, Microsoft, Apple, Alphabet, Oracle Corporation all gained about 1% on Tuesday Trade.

Crude oil producing companies like Exxon Mobil, Royal Dutch Shell, Petrochina all stocks gained over 1% to 2% as crude oil prices crossed 79 USD per barrel.

OPEC countries controlling the production of crude oil. This results in price increase.

However crude oil stocks can not be a long term bet. 

By end of 2023 as electric vehicles count increases, crude oil prices will fall drastically by 2023 end.

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