CNBC | As oil passes major milestone, here's what 2018 could hold CNBC We see a few reasons for oil to likely settle back down by the end of next year, likely in the $58 to $61 per barrel range for Brent. First, if and when the Saudi Aramco sale comes to pass, the Saudis will have to deal with their own fiscal house ... Oil hits $60 a barrel for the first time in 2.5 years Oil Jumps to Highest Since Mid-2015 on Libya Blast, Saudi Budget Pipeline explosion sets back Libya's oil revival; oil rallies |