Yes, there is a significant amount of data and research that supports the increasing competitiveness of renewable energy compared to oil. Here are a few examples:
The International Energy Agency (IEA) reported that in 2020, the average global cost of producing electricity from solar photovoltaic (PV) systems was lower than the cost of producing electricity from new fossil fuel plants, including coal and natural gas.
A recent study by the consultancy firm Lazard found that the cost of utility-scale solar and wind energy in the United States has fallen significantly in recent years, and is now cheaper than the cost of power generated from coal and natural gas in most regions of the country.
The US Department of Energy's National Renewable Energy Laboratory (NREL) reported that the levelized cost of energy (LCOE) for wind and solar energy in the United States has fallen by more than 50% over the past decade, and is projected to continue to decline in the future.
According to the International Renewable Energy Agency (IRENA), the cost of solar PV and wind energy has declined by over 80% and 60%, respectively, since 2010. IRENA also found that renewable energy is now the cheapest source of new power generation in many countries, including Brazil, China, India, Mexico, and the United States.
These are just a few examples, but they demonstrate the trend of declining costs for renewable energy and increasing competitiveness with oil and other fossil fuels.