A Review of the Nigerian Energy Industry

Oil rises after IEA says tide is turning

Oil demand
Oil demand

16 January 2015, News Wires – Brent crude oil rose more than $1 to above $49 on Friday after the West’s energy watchdog forecast the market downtrend would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand.

 

 

 

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