The global crude market is set for some big changes in the coming years, with speakers at an industry conference in California this week predicting that North America will play an important role in the impending realignment of the industry. Speaking at the annual meeting of the American Fuel and Petrochemical Manufacturers (AFPM) in San Diego, Tim Fitzgibbon of McKinsey & Co. said growth of non- Opec supply will shift to North America, Brazil and Eastern Russia through 2025 (OD Mar.14'12).
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