Non-OPEC oil production has been on the rise since 2009 and is expected to be so at least until 2015. In recent years, production growth in non-OPEC countries has been mainly driven by the US and Canada. Indeed, non-OPEC countries excluding the US and Canada recorded contraction in output from 2011 to 2013, further evidencing the importance of North America on the supply side of the ledger.
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Non-OPEC Oil Supply Growth to be Driven by US and Canada in Coming Years
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