Real Saturation of the Crude Oil Market Painting

The global crude oil market is, in essence, a simulacrum consisting of actually traded but non-existent volumes of oil (represented by options and futures) and the real volume of existing oil, which is actually less than what is being traded. One gets the feeling that the visual expression of existence is compressed under the influence of conventions that form the actual idea of it. This is how reality is formed by simulacra. So what is the depth of the absurdity of the artificial world, built as a system that determines our life? What is more in this world - absurdity, distorting what could be the different, or sanity, which is necessary for not sliding into the total absurdity? Questions that are still unanswered. This work is part of my many years project ‘Semiosis of Meta-Abstract Symbols / Phenomenology of Freedom’ that ended in 2023 - https://niyazmamedov.com/category/underground/ . It has been carried out at the intersection of art and semiotics research, which resulted in a number of innovations related both to the formal aspects of art / theory of art and semiotics, - Post-Simulacrum, Peripheral Meanings-Controlling Signs, Post-Brand Existence of Signs, Reverse Influence of a Sign, etc. - the theories that make it possible to visualize answers to questions arising from complex modernity. One of the most significant achievements during the project was the working-out of the Theory of Peripheral Meanings-Controlling Signs, in which an attempt was made to give the dynamics of the development of meaning to the static images - www.niyazmamedov.com/art-signs#17-02-2016 . ‘Real Saturation of the Crude Oil Market’ is one of the works in which the Theory was implemented.

Painting:Oil on Canvas

Original:One-of-a-kind Artwork

Size:31.5 W x 31.5 H x 1 D in

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