Economic Times | Large supplies, rise in US inventories to drag oil prices lower in near term Economic Times Oil prices hit 2016 highs above $50 a barrel between late May and June as crude supplies tightened due to disruptions in Canada, Nigeria and Libya, and a near economic meltdown in Opec member Venezuela. The rally faded soon after, as higher prices ... Why oil companies must look beyond oil If Oil Prices Don't Rise, the Middle East Will Sink Higher Oil Prices Likely To Happen Sooner Than Later |