OPEC sees crude glut easing in second half of 2016

June 13, 2016 / By Surprise Valley Resources

HOUSTON – The Organization of Petroleum Exporting Countries believes U.S. oil production is set to drop by 150,000 barrels a day in the second half of 2016, one of the main factors behind a long-anticipated easing of the global oil glut over the next few months. That drop in the nation’s output will come, OPEC …
Source: FuelFix