19.01.2015 - Oil price collapse set to end this year, claims IEA
The oil price rout could end in the second half of the year, according to the International Energy Agency, which believes that “signs are mounting that the tide will turn”. The agency, which represents the world’s largest energy-consuming nations, said that it expected a slowdown in oil output growth from non-Opec producers, which in turn would help to ease the global glut in crude...............................................Full Article: Source
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