Is There a Single Global Market for Oil and Gas?

There's a single global market for oil and gas, but prices are set inte nationally. So if the united states cuts off oil from venezuela, venezuela finds somebody else to sell to,. then they buy a little bit less from somebody else. And so you it's interesting ecause it's kind of like a semi cartel. Situation, you know, like you can control prices to some extent. But that doesn't mean that there's no international market as well. Opeck used to be able to control prices, but a heck of a lot less now thanks to the united states oil and gas revolution. We now know that russia has basically totally financed its war