Khaleej Times | Is $70 oil the new normal? Khaleej Times The global economy is poised to cope well even if oil prices will remain at around $70 per barrel throughout 2018, energy experts said. Oil hit $71 a barrel on Thursday for the first time since 2014, supported by Opec-led supply curbs. It eased to $70 ... Weekly Oil Markets Recap - WTI Finishes At New 2-Year High While USD Finishes At New Low Oil Reaches $70: Why Aren't Oil and Gas Stocks Taking Off? Oil settles higher, posts weekly gain as weak dollar underpins |