The IEA’s Five Year Forecast is Out… WSJ

by Jim Colburn • Monday, March 5, 2018

Sarah Kent, WSJ, reports on the IEA’s five year outlook here

”Oil production is expected to grow in Canada, Brazil and Norway—all countries outside of OPEC. Together with the U.S., those three countries will add enough barrels to meet growing consumption to the end of the decade, the IEA said. Within OPEC, only the Middle East is expected to see any increase in output, as other members like Venezuela struggle with internal problems.”

 

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