Reuters: Mar. 11, 2016
IEA says oil may have bottomed
"The IEA said it nevertheless saw global oil and product stocks rising heavily in the first half of 2016 in the area of 1.5-1.9 million bpd"
"The risks to global oil demand growth are almost certainly on the downside"
Global oil production (red line)(millions barrels per day) with Brent crude...
It's called delaying bankruptcy.