An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened at once. Photo illustration: Carlos Waters/WSJ (Originally published July 21, 2020) OPEC and a group of Russia-led oil producers agreed to increase their collective output by 500,000 barrels a day next month, signaling the world’s biggest producers are betting the worst of a pandemic-inspired shock to demand is behind them. The deal marks a compromise after sharp disagreements earlier in the week among a group of producers that have acted in relative concert for months, agreeing to cut production deeply to stabilize oil markets. The coronavirus pandemic sapped global demand early this year, tanking prices and straining the finances of big producers such as Saudi Arabia and Russia. The price rout has also laid low big, publicly traded oil […]