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OPEC To Rule Oil Markets Till Peak Demand - Business - Nairaland

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OPEC To Rule Oil Markets Till Peak Demand by Mediamerge: 8:51am On Jul 18, 2018
By Tsvetana Paraskova

OPEC will continue to play a key role in oil supply and prices in the global oil market through 2040, despite the relentless oil production in the Permian and expectations for production increases in the United States and other non-OPEC countries in the 2020s.

That’s the takeaway from Wood Mackenzie’s latest long-term outlook for global oil supply.

Read more...http://energyworthonline.com/2018/07/18/opec-to-rule-oil-markets-till-peak-demand/

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