OPEC Pares Long-Term Forecasts on U.S. Boom

OPEC, supplier of 40% of the world’s oil, cut forecasts for the amount of crude it will need to supply for most of the next two decades as the shale-energy boom in the U.S. lessens dependency on the group. Demand for crude from the Organization of Petroleum Exporting Countries may fall to a 14-year low […]