According to the IEA’s Oil 2018 report, released today, oil production growth from the U.S., Brazil, Norway and Canada will keep world supply of oil above needed levels until 2020. More investments, the IEA said, will be needed after 2020 to increase output and meet demand.
The United States, investments
Note: LTO = Light Tight Oil

The Oil 2018 report predicts that over the next three years, increased production from the U.S. will cover 80% of the world’s demand growth. Canada, Brazil and Norway will cover the world’s remaining needs. All ...

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