Bloomberg | Oil Extends Gains Near $50 a Barrel as OPEC Sees Demand Growth Bloomberg Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose as much as 1 percent in New York after advancing 9 percent last week. Demand will grow and non-OPEC supply is due to contract, Abdalla ... OPEC sees oil demand growth and market balance in 2016 OPEC chief confident of a balanced oil market in 2016 OPEC secretary-general says confident of more balanced oil market in 2016 |