Global crude inventories will decrease build rate through 2018, EIA predicts
In its recently released Short Term Energy Outlook, the EIA outlined its predictions for global production and consumption through 2018.

An increase in production and seasonal drop in consumption is expected to push an increase in global crude inventories of 2.0 million BPD in the fourth quarter of 2016, the agency said. EIA predicts that production and consumption will both grow through 2018; however production will not grow as rapidly as consumption, tightening g...

Legal Notice