Crude oil prices recovered some of the ground lost during Wednesday’s sharp downturn after the IEA warned supplies may be “stretched to the limit.” The price for Brent crude oil dropped roughly 6 percent in Wednesday trading for one of the sharpest declines in years. The drop was in response to concerns about global trade tensions and an announcement from Libya that oil production was recovering after weeks of unrest. The International Energy Agency said Thursday it was still unclear if Libyan stability was ensured. In the meantime, labor action offshore Norway, interruptions at a Canadian oil processing facility and seasonal maintenance issues were just some of the factors constricting the global supply […]