Reuters | Oil steady after IEA sees sharp decline in investment Reuters The International Energy Agency said in its World Energy Outlook that oil is unlikely to return to $80 a barrel before the end of the decade, despite unprecedented declines in investment, as annual demand growth struggles to top 1 million barrels per day. OPEC Chief Sees Oil Market Balanced by 2016 on Demand Growth Oil strengthens on Opec comments Oil rises after OPEC says market to be balanced in 2016 |