CNBC | Oil prices may go even lower in 2016: IEA's Birol CNBC Oil prices pared some of their losses on Wednesday after falling to near seven-year lows earlier in the week, but those hoping for a rebound next year may be disappointed. Fatih Birol, the executive director of the International Energy Agency (IEA ... Oil Prices Seen Staying Low Next Year as Demand Weakens IEA head says 'few reasons' to expect oil recovery in 2016 |