IEA head Birol: US to be world's top oil producer by 2019 - Reuters

Fatih Birol, head of the International Energy Agency, with comments regarding US oil output levels, from Reuters.

Key points:

• The US to be the single largest producer of oil by 2019, if not sooner.
• The US is set to outpace world's current largest producer, Russia.
• Total oil output from the US expected to top 11 million barrels per day by late 2018.