Headline Details

Slow demand, rising supply put further pressure on oil price: IEA

Published on: Fri, 12 Dec 2014 11:13:17 UTC
News Agency: Reuters
Description:
LONDON (Reuters) - Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil glut.

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