Bank of America

  • Non-OPEC Oil Supply Estimated to Decline in 2017

    Non-OPEC Oil Supply Estimated to Decline in 2017

    Monday, 8th February 2016
    Oil supply from non-OPEC countries is forecast to decline to 56.4mb/d in 2017 due the global oil prices drop and in result of which, OPEC will have to boost its production by 2020, a Bank of America's (BoA) recently published report stated.