Two Words That Tell Us All We Need To Know About Oil

To grasp world oil markets, we can look at supply and demand for WTI in the U.S. and Brent for the world as price and quality benchmarks.

Three Graphs That Tell the Whole Oil Story

Following the law of supply, U.S. shale oil firms will lower output because OPEC is letting price plummet but airlines on demand side like lower prices.