Don’t miss the latest developments in business and finance.

U.S. oil production seen accelerating, Venezuela output to decrease, IEA head says

Image
Reuters ISTANBUL
Last Updated : Dec 20 2018 | 3:15 PM IST

ISTANBUL (Reuters) - U.S. oil production is seen accelerating while output from Venezuela will continue to decrease, the head of International Energy Agency (IEA), Fatih Birol, said on Wednesday.

Speaking in Istanbul, Birol said he expects serious growth in U.S. oil production until 2025.

(Reporting by Can Sezer; Writing by Ezgi Erkoyun; Editing by David Dolan)

Also Read

First Published: Dec 20 2018 | 3:09 PM IST

Next Story