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Goldman sees US as top oil producer in 2017

12 September 2011 18:32 (UTC+04:00)
Goldman sees US as top oil producer in 2017

The U.S. will soon become the world's top oil producer, The Sunday Times reported Goldman Sachs as forecasting.

U.S. oil production should reach 10.9 million barrels a day by 2017, a third higher than 8.3 million barrels currently, the newspaper reported the investment bank as saying.

Russia, now the top oil producer, should see production increase only 100,000 barrels in the same period, for an output of 10.7 million barrels a day, the report said.

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