A Surge of Oil Production Is Coming

(New York Times) Clifford Krauss - A flood of crude will arrive, even as worldwide oil demand is slowing. It is coming from Brazil, Canada, Norway and Guyana. The four countries stand to add nearly a million barrels a day to the market in 2020 and nearly a million more in 2021, giving Western policymakers an added cushion in case there are renewed attacks on oil tankers or processing facilities in the Persian Gulf.


2019-11-05 00:00:00

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