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U.S. predicts decrease in OPEC oil supplies

Posted on 12 September 2013

Oil supplies by OPEC will decrease in 2013 and 2014 reaching 35.82 million barrels per day (bpd) and 35.62 million bpd respectively, according to the Short-Term Energy Outlook published by the U.S. Energy Information Administration (EIA) on its official website.
In 2012, according to the EIA’s estimates, OPEC supply amounted to 36.59 million bpd. At the same time EIA stressed that in August, unplanned disruptions among the OPEC and non-OPEC producers reached expected 2.7 million bpd, the highest level since at least January 2011………………………………………..Full Article: Source


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