Attention to oil supply

Attention of the world oil industry fixes on supply this month as the Organization of Petroleum Exporting Countries meets to argue about cutting production. Yet output of crude oil everywhere else in the world is more interesting. Non-OPEC production has been the story of the 1990s. In the first half of the decade, the question was whether and how it could keep rising. Now, with everyone finally accustomed to steady increases in production from outside of OPEC, the gains seem likely to shrink, cease, or give way to decline. But which will it be? It's a question that should weigh heavily in OPEC's deliberations. Range of possibility Forecasts about non-OPEC oil ...

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