When it comes to the crude oil trading industry, the recent past can influence the present. For example, in 1980, when Iraq invaded Iran, crude oil prices increased from $14 per barrel in 1978 to $35 per barrel in 1981. This infographic’s event timeline shows how wars and environmental and economic crisis impact crude oil production and prices. Plus, if you’re curious as to what the future looks like for crude oil trading companies, the infographic provides in-depth data and analysis regarding the production of crude oil worldwide, the consumption of it, and statistics on energy commodity price increases through 2020. Get the details and get informed!