Bloomberg | OPEC Producer Sees Oil at $60 Until 2018 With Demand Picking Up Bloomberg Crude oil will rise to a range of $50 to $60 a barrel until at least 2018 as demand increases and markets absorb an oversupply that's led to lower prices over the last two years, according to the acting oil minister of OPEC member Kuwait. The ... Oil drops as investors lock in gains; surprise US stockpile build US oil settles up 4.56 pct after 2-month lows IEA Says High Oil Stocks Pose Threat to Price Stability |