IEA spots signs that oil decline 'tide will turn'

Although a recovery in the price of oil- which has fallen over 60 percent since June 2014-- might not be "imminent", there are tentative signs that the tide is turning, according to the International Energy Agency's latest report.. Earlier this week, the World Bank forecast that the global economy would grow 3 percent in 2015, albeit lower than a previous forecast of 3.4...
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