Monday, December 22, 2014

Oil Prices Likely To Rebound In Second Half Of 2015: Reuters Poll

By Koustav Samanta and Vijaykumar Vedala (Reuters) - Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by OPEC's decision not to cut output, a Reuters monthly survey showed. The Organization of the Petroleum Exporting Countries' agreement last month to stand pat on output meant the onus for ...

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