Wall Street Journal (blog) | Crude Slips Amid Commodity Rout as US Eases Stance on Rusal Bloomberg It won't be necessary to extend the cuts deal if oil prices keep rising, Iran Oil Minister Bijan Namdar Zanganeh said, according to the ministry's Shana news service. West Texas Intermediate crude for June delivery dropped 60 cents to $67.80 a barrel ... Will US Shale Offset Soaring Global Oil Demand? Oil Near $70 Is a Good Thing Right Now Options traders pile into $80 oil bets as Trump wild cards mount |