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

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Reuters ISTANBUL

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)

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

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