How oil trading shaped global markets and what comes next
June 6, 2025
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Is oil's century-long dominance over global markets finally ending?
As renewable energy gains ground and demand patterns shift, understanding oil's historical influence becomes crucial for navigating today's energy transition.
From the first Texas oil boom to today’s volatile energy markets, oil has shaped global power, fuelled conflict, and driven economic growth. But as we enter a new era of renewables and climate goals, is its dominance finally fading?
In this video, we examine oil's journey through:
- The birth of Big Oil and its early impact on wars and industry growth
- OPEC’s rise and the geopolitical shocks of the 1970s
- Price crashes, oil wars, and modern market manipulation
- The 2020 oil collapse and the rise of renewable alternatives
- Is peak oil demand finally here?
This is your guide to understanding how oil shaped the past. And what role it will play in the future.
Disclaimer:
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