U.S. will have lower production than anticipated this year

According to the International Energy Agency (IEA), the increased productivity of the United States for this year will be slower than expected with an average of 12.3 million barrels per day. The expectation of growth is 1,350,000 of bpd, and not as it had been stipulated by the agency that was 1,450,000.

Still this year, the demand for oil will grow around 360,000 bpd adding up to 20,810,000 bpd. The following year, the yield will have a smaller advance, equivalent to 730,000 barrels per day for 13,030,000 bpd. Lately, the United States has lead the ranking of the world's largest oil producer, being ahead of Saudi Arabia and Russia.

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