DONT GET USED TO LOW OIL PRICES THEY MAY LAST A YEAR - OR ONLY 6 MONTHS a price recovery likely won’t come until the second half of 2015, as U.S. oil output keeps rising and subdued global growth weighs on demand. It will take months for the global glut of oil to shrink, market participants say. Producers will be slow to cut back on drilling, and consumers won’t change their buying habits right away. wsj/articles/get-used-to-cheap-oil-1420126209
Posted on: Fri, 02 Jan 2015 02:50:21 +0000
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