{"id":263582,"date":"2019-03-12T05:30:50","date_gmt":"2019-03-12T05:30:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263582"},"modified":"2019-03-12T05:30:50","modified_gmt":"2019-03-12T05:30:50","slug":"iea-sees-us-driving-global-oil-supply-growth-over-the-next-five-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/iea-sees-us-driving-global-oil-supply-growth-over-the-next-five-years\/","title":{"rendered":"IEA sees US driving global oil supply growth over the next five years"},"content":{"rendered":"<p>The United States will drive global oil supply growth over the next five years, adding another 4 million barrels per day to the country&#8217;s already booming output, the International Energy Agency said on Monday.<\/p>\n<p>&#8220;The United States is increasingly leading the expansion in global oil supplies, with significant growth also seen among other non-OPEC producers, including Brazil, Norway and new producer Guyana,&#8221; the IEA said in its five-year outlook. <\/p>\n<p>&#8220;By the end of the forecast (2024), oil exports from the United States will overtake Russia and close in on Saudi Arabia, bringing greater diversity of supply,&#8221; the IEA said. <\/p>\n<p>Global oil demand growth is set to ease as China slows, but will still rise by an annual average of 1.2 million bpd to 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States will drive global oil supply growth over the next five years, adding another 4 million barrels per day to the country&#8217;s already booming output, the International Energy Agency said on Monday. &#8220;The United States is increasingly leading the expansion in global oil supplies, with significant growth also seen among other non-OPEC producers, including Brazil, Norway and new producer Guyana,&#8221; the IEA said in its five-year outlook. &#8220;By the end of the forecast (2024), oil exports from the United States will overtake Russia and close in on Saudi Arabia, bringing greater diversity of supply,&#8221; the IEA said. Global [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-263582","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263582"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263582\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}