Trimmed oil demand forecast slams crude oil prices in an already weak market. (UPI Photo/Monika Graff) The IEA said in its market report for December the outlook ahead was weaker than previously expected. The outlook for 2015 demand growth was trimmed by 230,000 barrels per day to just under 1 million bpd because of lower expectations about the Russian economy and other oil-exporting countries impacted by the bear market for crude oil . That word sent oil prices reeling in a market already battered by low demand expectations outlined in the December market report from the Organization of Petroleum Exporting Countries. Brent, the global benchmark, shed more than $1.20 per barrel for the January contract to trade at $62.46 early Friday. West Texas Intermediate, the U.S. index, passed a new threshold low to trade down $1.30 to near $58.50 for January delivery. Oil prices are at a point where […]