Reuters | Brent oil gains, but focus hones in on global oversupply Reuters Analysts said that despite the Paris attacks and French retaliation against Islamic State (IS) in Syria, prices would remain low for the rest of the year and into 2016 as oil markets stay oversupplied. Production in 2015 will outpace demand by 700,000 ... Oil Prices Rally, Erasing Earlier Losses US oil snaps 3-day losing streak; settles up $1, at $41.74 a barrel Oil gives up early gains as glut persists |