Wall Street Journal | Oil Prices Up After IEA Report Wall Street Journal LONDON—Oil prices edged up Thursday after a top energy monitor said that the global market is near balance. The International Energy Agency said that global oil stocks will experience a “dramatic reduction” in the second half of the year on the back ... Global oil markets 'heading towards balance': IEA The IEA just gave the oil industry some great news Why Central Banks Wouldn't Let Cheap Oil Blow Up A Global Recovery |