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U.S., Canada to drive 2013 non-OPEC oil supply gains

Posted on 13 July 2012

Oil supplies from outside of the Organization of Petroleum Exporting Countries may increase 1.3 percent next year as the U.S. and Canada increase production of unconventional oil, the International Energy Agency said.
Non-OPEC supply may increase by 700,000 barrels a day from 53.2 million this year as output grows from tight oil in the U.S. and Canadian synthetic crude, the Paris-based agency said today in its monthly Oil Market Report………………………………………..Full Article: Source


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