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Added on the 07/12/2015 23:09:35 - Copyright : Reuters EN
Global oil markets will remain oversupplied at least until the end of 2016 as demand growth slows and OPEC output booms. As Grace Pascoe reports, the warning from the International Energy Agency comes after a bad week for markets.
The number of companies testing the waters of stock market flotation hit a seven-year low in the first three months of this year, according to EY - as a raft of economic and political concerns weighed on the market. David Pollard reports.
Crude oil bounced back Monday after falling by as much as four percent to the lowest levels since the start of the financial crisis. Bobbi Rebell reports.
A year on from the start of one of the biggest oil price crashes in history, the driving force behind the slide remains intact: there is still too much crude. Hayley Platt looks at the impact.
Brent crude oil has fallen almost $2 a barrel hitting a new five-year low. As Sonia Legg reports the slump followed predictions that oversupply will keep building until next year after OPEC decided not to cut output.