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Non-OPEC production
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1 mentionHOUSE_OVERSIGHT_016111 - HOUSE_OVERSIGHT_016196
Jun 30, 2016Source: House Oversight Committee
Merrill Lynch Commodities Research *4.2 mn b/d OPEC supply: Saudi: 1.3 mn b/d; Iraq: 0.8 mn b/d; other OPEC crude: 1.7 mn b/d; 0.4 mn b/d OPEC NGLs. Non-OPEC production will not reach 2015 levels before 2020 at the earliest... Non-OPEC producers have massively reduced capex spending, down US$290bn or 42% from 2014 to
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