Will Crude Oil Supply Keep Price In Check?

The price of oil is pretty much near a five-year low, in a world where everything costs much more than it used to.Thankfully, our cars don’t run on gold. Before delving into the Canadian energy space and the developments in Venezuela, here’s a brief synopsis from our reading, research, and thinking on oil.First, there’s too much oil in the world as we move into 2026, with both supply and demand sharing the blame. Supply has increased thanks largely to a few mega projects ramping up (e.g., the facilities ...