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10 Key Energy Trends To Watch For In 2016
01/06/2016 General World News

Energy investors got clobbered in 2015, and are hoping for things to turn positive as we head into the New Year.

What can we expect in 2016? Here is a rundown of some key trends to watch for:

1. U.S. oil production contracts. Oil output in the U.S. has declined by about 300,000 barrels per day to 9.3 million barrels per day (mb/d). Most energy prognosticators, including the EIA and the IEA, see U.S. production falling by around 0.5 mb/d in 2016. The decline could be steeper than that, however, given the plunging rig count, high depletion rates, and read more >>>

Source : HuffingtonPost.Com

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