Is crude headed towards a new era of oil geopolitics?
The oil futures curve is downward sloping, a shape that coincides rather with scarcity not abundance of commodity supplies. That said, the quota reduction is minimal, and many producers remain below their individual levels.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Is crude headed towards a new era of oil geopolitics?

### Response: The oil futures curve is downward sloping, a shape that coincides rather with scarcity not abundance of commodity supplies. That said, the quota reduction is minimal, and many producers remain below their individual levels.