OPEC world oil outlook sees $95/bbl oil in 2040

Dec
28
2015

The Organization of Petroleum Exporting Countries said the group was unlikely to reduce its production levels next year, but it does expect to cut production in future years. Regarding non-OPEC supply, the group expects US and Canadian liquids production to reach 19.8 million b/d in 2020.

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Source: Oil Gas Journal

  

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