VIENNA, Austria (Bloomberg) -- OPEC predicted that demand for its crude will decline in 2015 to the lowest in six years as supplies from other producers, led by the U.S., are more than enough to cover the increase in global consumption. The need for crude from the Organization of Petroleum Exporting Countries will slide to 29.4 MMbpd next year even as growth in world oil consumption accelerates, the group said in its first assessment of 2015. That’s 300,000 bpd less than OPEC’s 12 members pumped in June. It would be the third consecutive annual drop in demand for OPEC crude and the lowest since 2009. The U.S. will provide about two-thirds of next year’s supply growth, OPEC said, amid a shale-oil surge that has made the U.S. the world’s biggest producer.
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