CNNMoney | The oil glut is getting even bigger CNNMoney World oil prices have recovered 40% from their January low of below $45 a barrel, despite what the IEA described as the "lingering supply overhang." The Paris-based IEA said it expected global supplies to stay strong this year as non-OPEC countries try ... World oil demand is up, but the glut remains, IEA says Oil supply to grow quicker than demand UPDATE 6-Oil down about 2 pct, rally cut short by dollar and Greek worry |