Reuters | Is An Oil Price Correction Overdue? OilPrice.com Oil prices rallied in the first week of 2018, supported by increased geopolitical risk and severely cold weather in the eastern U.S., but the 'perfect storm' that pushed oil prices higher also raises the risk of a correction and of heightened herd ... Oil little changed as rising US output offset OPEC worries Crude oil set for further rally, but US shale may spoil party Oil Toys With $62 Amid Iranian Friction, US Drilling Pullback |