CNBC | Is An Oil Price Spike Imminent? OilPrice.com First, the crude oil balance we've talked about for some time has been coming in quicker than anticipated. That's the case even with the rising U.S. production levels. But remember, oil prices are set by global developments, not (primarily) by what ... Oil Trades Near 5-Week High After Reaching $50 on Demand Growth Betting against oil after it tops $50 a barrel has been a really good trade Oil market gets the positive break it has been waiting for |