DOE expects further weakening in oil prices
DOE announcement to back away from any crude purchases for February is a warning sign
Read MoreDOE announcement to back away from any crude purchases for February is a warning sign
Read MoreThe price of oil could end up anywhere between US$70 to US$121
Read MoreCould reduce its daily oil output by as much as seven per cent over the next few weeks
Read MoreBut at least in the short term, Moscow may be able to ride off the challenge
Read MoreU.S. commitment to Saudi security is waning, opening the doors to China
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