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Commodities Briefing - Categorized | Oil, Trends more

North America leads non-OPEC oil supply growth

Posted on 09 October 2013

North American crude oil production will power ahead in 2014 even as supply from other parts of the world falters, according to new estimates by the U.S. Energy Information Administration.
Canada is forecast to raise crude oil and liquid fuels production by 270,000 barrels per day next year, adding to the nearly-400,000 bpd of additional output this year, to reach 4.53 million bpd by the end of 2014………………………………………..Full Article: Source


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