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2013 03 21 Shihan Jesús Talán - Club Artes Marciales Alcorcón Team Road To Vitoria - 3

Oil steadies around $61, Kuwait sees prices supported

Feb 16, 2015    

LONDON (Reuters) - Oil steadied around $61 a barrel on Monday, holding gains from last week, after Kuwait's oil minister said lower supply levels would support prices in the second half of the year.The recent rally "will start holding gains now and hopefully in the second half of 2015 we will see better prices", the minister, Ali al-Omair, said.Supported by signs of lower industry spending, the price of Brent crude has increased by more than 30 percent in the last four weeks. In January it hit $45.19, the lowest in almost six years, after collapsing from $115 in June due to oversuppl...

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