Canada Regulator Lowers Output Forecast

摘要

Canada's National Energy Board (NEB) downgraded its long-term crude oil supply forecast on Wednesday, saying the country would produce around 400,000 b/d less oil in 2040 than previously estimated. The NEB said it now expects Canada, which holds the world's third-largest crude reserves after Saudi Arabia and Venezuela, to produce 5.7 million b/d by 2040, a 41% increase on 2015 levels.