IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied
Green Car Congress
MARCH 6, 2018
The oil industry has yet to recover from an unprecedented two-year drop in investment in 2015-2016, and the IEA sees little-to-no increase in upstream spending outside of the United States in 2017 and 2018. mb/d in 2017. The United States is set to put its stamp on global oil markets for the next five years.
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