Economic Times | Oil rebounds to $81, pares gain as IEA sees adequate supply Economic Times LONDON: Oil rose to $81 a barrel on Friday, rebounding after two days of declines, though prices pared gains after another closely watched forecaster deemed supply adequate and the outlook for demand weakening. Crude was still heading for its first ... IEA Cuts Oil Demand Forecasts But Sees Prices Staying High IEA sees world oil market 'adequately supplied' Oil jumps more than 1 percent after two-day fall, still set for weekly drop |