Reuters | Oil hovers at multiyear lows; analysts see no bottoming out of prices MarketWatch In its monthly report released last week, the IEA said the growth of global oil demand will slow to 1.2 million barrels a day in 2016, compared with 1.8 million barrels a day this year, as support from sharply falling oil prices begin to fade. It said ... Oil prices drop for seventh session on oversupply worries Oil Sinks to Lowest in Almost 7 Years as Iran Vows More Supply Oil skids toward 11-year low as IEA warns of worse glut |