OPEC oil production could increase as output of nonconventional oil - for example the oil sands in Canada - rises more than anticipated due to technological advances. Canada's oil sands hold half of the known oil reserves outside of OPEC. The expense of extraction, however, has put off investors, although mounting oil prices have made it more attractive. The IMF suggests that oil markets could become more stable if there were greater transparency with regard to "oil demand, supply, and inventories." Countries should also remove investment barriers that hinder foreign investors from participating in oil projects. -- SP 2231 Local Time 1931 GMT
