The World Is Awash With Oil and Prices Are Poised to Keep Falling. Oil markets in 2025 traded headlines for fundamentals, as OPEC+ supply management, a cautious pivot by the US Federal Reserve, and resilient global demand kept prices in a narrow range. Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable because just a few years ago, the country didn’t pump a single barrel. On the other side of the globe at…
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