U.S. oil boom leaves OPEC sidelined from demand growth

Blog by Brad Herman | May 14th, 2013

Rising U.S. shale oil production will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, leaving little room for OPEC to lift output without risking lower prices, the West's energy agency said.

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U.S. oil boom leaves OPEC sidelined from demand growth

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