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POET Technologies drops below $1

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Pinnacle TV

Oil prices continue rebound despite weak forecasts

Oil prices have fallen to their lowest level in over three years. Katie Pilbeam asks Patrick Young from DV Advisors whether ISIS, sanctions or secret deals are behind the price drop.

Correction in the video: IEA lowered its 2014 crude oil-demand growth forecast from 900,000 to 700,000 barrels a day.


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