Why the World Is Awash With Cheap Oil

This is oil. Well, actually, this is a mixture of black trial and vegetable glycerin, but it looks like oil. And while the real thing is being thrown around by geopolitical tumult from Iran to Venezuela, you can still buy a lot for comparatively little.>> The early days of 2025, oil prices were closer to $80 a barrel. >> Since then, there have been slumps and spikes. But still, an ounce of silver is now worth more than a barrel of oil.>> And the price of crude would be even lower if China hadn't soaked some ...