Oil may have further to fall due to oversupply-IEA

Oil may have further to fall due to oversupply-IEA

July 10, 2015
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LONDON, July 10 (Reuters) – Massive oversupply is likely to push oil prices down even further, the International Energy Agency (IEA) said on Friday, adding that the rebalancing of the market was likely to last well into 2016.

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Source:: Reuters UK Natural Resources