Reuters | IEA sees US oil output surge stealing OPEC share in next five years Reuters Birol, speaking at a media briefing at the CERAWeek energy conference in Houston, said U.S. output forecasts could be revised upward if oil remains above $60 a barrel. He said he expects shale output to keep rising, regardless of OPEC policies, and ... Crude Oil Price Forecast: Supply Side Focus Oil market faces supply cliff edge despite US shale boom Canadian oil sector braces 'for a major second wave' of US shale revolution |