08-11-2017 14:41 via articlefeeds.nasdaq.com

OPEC Eyes $70 Oil

Brent prices hit $60 a barrel 10 days ago and have maintained that level ever since, sparking talk that this could be the new floor under oil prices and that $70 oil in the short term is now not only in producers’ wildest dreams, but a real possibility.  Although OPEC never officially admitted it, analysts have
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