No quick rebound in oil prices: IEA.


No quick rebound in oil prices: IEA.


The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a return soon to high prices unlikely, the West's energy watchdog said.The International Energy Agency, which typically refrains from predicting oil prices, said in its monthly report that prices could fall further in 2015 after declining to their lowest levels since 2010 below $80 per...





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No quick rebound in oil prices: IEA.


No quick rebound in oil prices: IEA.


The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a return soon to high prices unlikely, the West's energy watchdog said.The International Energy Agency, which typically refrains from predicting oil prices, said in its monthly report that prices could fall further in 2015 after declining to their lowest levels since 2010 below $80 per...





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