US will cover majority of growth in global oil demand

According to a new report, the US will be able to cover the vast majority of the growth in global oil demand. Three other countries will contribute as well, writes the International Energy Agency.

Oil mainly from the US will supply global demand over upcoming years, shows a new annual report from the International Energy Agency (IEA).

Over the next three years, oil from the US will cover more than 80 percent of the global growth in demand, while Canada, Brazil and Norway will be able to supply the rest.

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