MarketWatch | Five key points from International Petroleum Week 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. Oil settles lower to end 3 straight sessions of gains, as non-OPEC production weighs Low Oil Prices Lay Groundwork for Price Spike (XOM, CVX) Oil To $70? Or Down To $30? |