Reuters | Oil drops 1 percent as IEA sees slow market rebalancing Reuters LONDON (Reuters) - Oil prices fell by one percent on Friday to their lowest in more than a week after the International Energy Agency said market rebalancing was taking time despite strong demand growth because of weak OPEC compliance with output cuts. Oil Slides Toward $48 as Skepticism Over OPEC-led Cuts Returns The Arrival Of Peak Oil Demand And The Final Days For Oil Oil Price Fundamental Daily Forecast – Sideways Until OPEC Gets It Together |