Despite recent supply reductions, global liquid fuels production to outpace demand

Despite relatively lower supply from a number of major crude oil-producing countries, including Saudi Arabia, Libya, Venezuela, and Canada, global liquid fuels production was forecast to exceed global consumption through 2020 in EIA’s February Short-Term Energy Outlook (STEO). Source: Today in Energy – Despite recent supply reductions, global liquid fuels production to outpace demand

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Source: CTRM Center

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