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Commodities Briefing - Categorized | Oil, Trading more

US to be world’s biggest oil supplier by 2016

Posted on 21 February 2014

As the US economy continues to grow, experts say it will rely less on the world’s major oil exporters in Africa and the Middle East, regions largely sustained by U.S. imports.
According to the International Energy Agency, the economy will grow by 2.8 percent in 2014, higher than the 2.6 percent it previously forecasted. The International Monetary Fund predicts the global economy will grow in the same direction by 3.7 percent………………………………………..Full Article: Source


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