Oil rebound falters as IEA hints at record-high stocks
By Barani Krishnan NEW YORK (Reuters) - The rebound in oil prices lost some momentum on Tuesday as U.S. crude traded lower for the first time in four sessions after the International Energy Agency (IEA) warned of more selloffs in the near term as stocks continue to rise. Oil stockpiles in member countries of the Organization for Economic Cooperation and Development, which groups the world's richest nations, may come approach a record high 2.83 billion barrels by mid-2015, said the IEA, whic
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