Global oil demand to top 100 million bpd but outlook may cloud | Reuters

LONDON (Reuters) – World oil consumption will top 100 million barrels per day (bpd) in the next three months, putting upward pressure on prices, although emerging market crises and trade disputes could dent this demand, the International Energy Agency said on Thursday. The Paris-based IEA maintained its forecast of strong growth in global oil demand […]

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Tight oil expected to make up most of U.S. oil production increase through 2040

EIA’s recently released Annual Energy Outlook 2017 (AEO2017) Reference case projects that U.S. tight oil production will increase to more than 6 million barrels per day (b/d) in the coming decade, making up most of total U.S. oil production

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