Tuesday May 7, 2024 | Last Update: May 7, 2024 EDT
The International Energy Agency (IEA) said that the decline in oil prices is likely to continue until early 2015, unless oil companies cut down on their output, according to its monthly report released on Friday, Nov.14.
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Brent Crude slid down to a 4-year low after Iraq went with the bandwagon and followed Iran and Saudi Arabia to give huge discounts on oil produce.
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