Oil higher as IEA expects biggest non-OPEC output fall in 25 years

LONDON – Crude prices firmed on Thursday after the International Energy Agency (IEA) said 2016 would see the biggest fall in non-OPEC production in a generation, helping to rebalance a market dogged by oversupply. IEA chief Fatih Birol said low oil prices had cut investment by about 40 percent in….


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