Oil blues: Oil futures continued their rout on Friday, with crude oil for January CLF5, -0.95% briefly sliding below $59 a barrel for the first time in more than five-and-a-half years, after the International Energy Agency cut its 2015 global oil-demand growth view by 230,000 barrels a day. Futures pared losses later in the morning to trade at $59.39 a barrel. Brent LCOF5, -0.69% was also moving lower in London, down 38 cents at $63.30 a barrel.