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U.S. leads non-OPEC producers

Posted on 14 March 2013

Demand for OPEC crude oil is declining as non-cartel producers in North America continue their growth, the cartel said in its monthly report for March. The Organization of Petroleum Exporting Countries, in its March report, said gains from non-OPEC producers were led by the United States.
“As in the previous year, U.S. oil supply in 2013 is expected to achieve the highest growth among all non-OPEC countries,” OPEC said. Adam Sieminski, administrator for the U.S. Energy Information Administration, said trends in the United States meant it was relying less on foreign markets to meet energy demands…………………………………….Full Article: Source


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