OPEC Increases Its Non-OPEC Supply Forecast

OPEC Increases Its Non-OPEC Supply Forecast

“Considerable uncertainties,” especially regarding U.S. tight oil developments have driven OPEC to revise upward its forecast growth for the non-OPEC oil supply in 2018, increasing the estimated growth by 120,000 barrels per day compared to its previous report, Kallanish Energy learns. The cartel said in its monthly report, released Wednesday, supply from non-OPEC producers should […]