OPEC said on Thursday the collapse in oil prices is starting to slow growth in U.S. output, although the slowdown will not prevent demand for OPEC's oil falling in 2015 to its lowest in a decade. In a monthly report, the OPEC forecast that demand for the group's oil will drop to less than 30 million barrels a day in 2015, down 140,000 barrels a day from its previous figure... and the lowest since 2004. The U.S. government said this week it expects domestic oil output in 2016 to grow by only 2.2 percent, the slowest pace in years. http://yhoo.it/1KO0NeL http://bit.ly/1fJ5yqZ
OPEC to See Market Share Drop Even as Oil Slump Slows Shale Boom
OPEC said on Thursday the collapse in oil prices is starting to slow growth in U.S. output, although the slowdown will not prevent demand for OPEC's oil falling in 2015 to its lowest in a decade. In a monthly report, the OPEC forecast that demand for the group's oil will drop to less than 30 million barrels a day in 2015, down 140,000 barrels a day from its previous figure... and the lowest since 2004. The U.S. government said this week it expects domestic oil output in 2016 to grow by only 2.2 percent, the slowest pace in years. http://yhoo.it/1KO0NeL http://bit.ly/1fJ5yqZ
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