Oil Markets Thrive Amidst Chaos

In 2025, global oil markets remained resilient amidst geopolitical turmoil, with Brent crude only peaking at $78.85 after Israel-Iran war and U.S. strikes on Iran. The secret to this stability? Energy abundance, with the U.S., OPEC+, Brazil, Guyana, and Canada all increasing production. The International Energy Agency predicts a four million barrel per day oversupply in 2026. This new era sees oil prices staying steady even as tensions rise, marking a shift from past panics.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.