Bloomberg | Wall Street Keeps Faith in Oil Recovery Even as Prices Drop Bloomberg Prices have sunk, stockpiles ballooned and doubts about OPEC's effectiveness grown, yet Wall Street hasn't lost faith in oil's recovery. Crude plunged below $50 a barrel in New York last week on signs that OPEC's production cuts aren't clearing a ... Oil demand set to ease in 2017, non-OPEC countries seen increasing production: IEA report Oil prices extend gains after drop in US stockpiles The impact of lower oil prices |