Dateline City:
WASHINGTON, D.C.
Oil sands production expected to grow 800,000 barrels per day between 2015 and 2020—nearly 300,000 barrels per day less than prior forecast—as lower oil prices slow development of some projects
(July 22, 2015) – IHS (NYSE: IHS), the leading global source for critical information and insight, has released a new production forecast for Canadian oil sands through 2020. IHS expects continued oil sands production growth through 2020, albeit lower than what would be expected had prices remained higher.
Language:
English
