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US will drive up oil exports over next three years

The US will quadruple its oil export within the next three years, thus overtaking most of the OPEC members in the oil cartel, predicts influential consultancy firm Pira Energy.
Photo: /ritzaui/AP/Hasan Jamal
Photo: /ritzaui/AP/Hasan Jamal
BY RITZAU FINANS

The export of oil from the US is rising rapidly. Within the next three years, the US will quadruple its exports of oil and thus overtake the majority of the oil cartel OPEC's members, predicts influential consultancy firm Pira Energy according to Financial Times.

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