Financial Times | Energy traders debate crude oil price outlook and Opec cuts Financial Times Citi analysts including Edward Morse say that while oil faces headwinds, not least from a record hedge fund bet on the recovery, which makes crude vulnerable to profit-taking, they see the potential for prices to test $70 a barrel by the end of the year. Crude oil rises after report shows drop in stockpiles Oil settles lower to end 3 straight sessions of gains, as non-OPEC production weighs Oil To $70? Or Down To $30? |