Market Re-Evaluation Post-Elections

The current low inventory of oil globally could lead to a significant spike in oil prices once the uncertainty surrounding the election is resolved. With many political factors at play, there is speculation that market interventions are occurring to manipulate oil prices for campaign advantages. Historically, low inventory levels should indicate increasing prices, yet recent patterns suggest the opposite—prices have dipped below critical thresholds due to market manipulation tactics. This contradiction raises concerns for future market dynamics, particularly regarding how low oil prices can inhibit exploration and development of new sources, potentially exacerbating the situation later.