Wed, Dec 18, 2024
As the world emerges from the residual impacts of the COVID-19 pandemic, 2024 marks a year of potential recovery and reorientation across global markets. The interplay of economic policies, technological advancements, geopolitical tensions, and environmental considerations will shape the dynamics of various sectors, and the oil market remains one of the most pivotal areas to examine. This article provides an overview of the global market landscape in 2024, focusing specifically on the oil markets in 2025, with a particular emphasis on the United States' production capabilities, the anticipated policies of President-elect Trump, and the current OPEC production limits.
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