Non-OPEC crude could drop oil prices in 2004, predicts IEA; Herrera say it’s unlikely
Kay Cashman Petroleum News Publisher & Managing Editor
Oil supplies from independent producers in Russia and West Africa will overtake growth in global demand for crude next year, potentially undermining the Organization of Petroleum Exporting Countries’ efforts to maintain high oil prices, the International Energy Agency said July 11.
In its monthly oi....
[additional news subjects in this story]
Herrera predicts OPEC will hold firm Peak oil production biggest concern
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