OPEC Still Fundamentally Misunderstands U.S. Oil Industry

By hellenicshippingnews.. A new report from OPEC estimates that crude oil production from non-OPEC nations will increase by 950,000 barrels per day during 2017. This is a dramatic increase from last month's estimate of a non-OPEC rise of 580,000 during the year. This new, much higher estimate has raised concerns within the OPEC cartel that […]

Published May 15, 2017

By LizOutLoud

By hellenicshippingnews.. A new report from OPEC estimates that crude oil production from non-OPEC nations will increase by 950,000 barrels per day during 2017. This is a dramatic increase from last month's estimate of a non-OPEC rise of 580,000 during the year. This new, much higher estimate has raised concerns within the OPEC cartel that its efforts ... Read full story ›

Source:: Hellenic shipping news Oil

      

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