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US oil boom reshapes global market say IEA
The IEA report notes rising U S and Canadian production and falling demand in developed nations transform the world oil trade. It forecasts U S output near 9.1 million bpd by 2018 while Middle East flows shift to Asia, affecting prices and geopolitical ties.
MENTIONED IN THIS ARTICLE
New York
U.S
Canada
International Energy Agency
IEA
Energy Security and Research Organization
Paris
U.S. States
Americas
Brazil
Columbia
Michael Levi
Council On For
West
Middle East
Europe
United States
Asia
Levi
Iraq
Iran
Saudi Arabia
Organization For Petroleum Exporting Countries
Venezuela
OPEC
Judith Dworkin
TG Investment Research
Dworkin