Publications by Oil & Gas News: Opec set to lose market share.

Saturday, August 03, 2013 opec 4 comments

Publications by Oil & Gas News

Resent articles by the "Oil & Gas News" from The Free Library

Jul 14th 2013, 23:00

The Organization of the Petroleum Exporting Countries' (Opec) share of the world market will shrink in 2014 as rising supply of US shale oil gives the exporter group little comfort from the fastest growth in world demand in four years.
In a monthly report, Opec forecasts demand for its oil in 2014 would average 29.61 million barrels per day (mbpd), down 250,000 bpd from 2013 and 770,000...

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