U.S. Oil Output Set to Decline as OPEC Deal Up in Air, EIA Says

By hellenicshippingnews U.S. crude production is set to decline this year as the Organization of Petroleum Exporting Countries struggles to put a dent in global oversupply, according to the head of the U.S. Energy Information Administration. Output in the U.S. will fall 800,000 barrels a day this year, Adam Sieminski, administrator for the EIA, said […]