Oil prices wavered between gains and losses Thursday after the International Energy Agency said the market is nearly balanced, but lowered its forecast for demand growth this year. U.S. crude futures recently fell 13 cents, or 0.24%, to $52.98 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell 21 cents, or 0.38%, to $55.65 a barrel on ICE Futures Europe. Investors have focused on the prospect that...
Source: Wall Street Journal April 13, 2017 09:50 UTC