Oil tries rally 2.0 in Friday session
New York (UPI) Jan 16, 2015 - A positive demand outlook Friday from the International Energy Agency helped lift oil prices, which struggled to maintain a rally in the previous session. The IEA said the price for crude oil might not have reached its floor yet, indicating the slump may continue for the short- to medium-term. The low price of crude oil is constricting production from North America, while unrest in the ... more

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