OPEC: United States oil production will begin under attack in late 2015

• OPEC said on March 16, United States oil production will begin in late 2015 under attack, showed that oil prices would drop on oil shale boom effect will take some time to be reflected.
  16th in a monthly report released by OPEC will remain non-OPEC oil supply forecasts remained unchanged. Reports that United States oil shale is only until the end of the year will begin to appear in production. Subsidies to shale oil drilling, as well as under the crossfire of continued low oil prices, production will come. OPEC said explicitly only come to the next meeting in June whether the drop in prices really start to hit United States wave of shale oil.
  Last year, OPEC said it would not cut production caused the price of oil fell. In his public statements from OPEC officials, it's hard to see the Organization will adjust the output policy. OPEC also is expected in 2015, demand for crude oil would not rise further, and demand is expected to be slightly down to 29.19 million bpd.
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