3min chapter

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Guyana Is the Most Exciting Story in the World Oil Market

Odd Lots

CHAPTER

Is There Something About Oil That Makes It Inherently Cyclic?

There's an inherent volatility to the oil industry. Oil is in some ways a mineral that's mined from the earth. You can move through periods of scarcity and into periods of abundance or oversupply very easily because managing production can be very difficult. In many ways, the oil industry can't really function without some effort to mitigate the inherent volatility.

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