Forbes | Oil At $70, 'Not A Chance' Forbes In an interview with PDVSA, the country's state-owned oil company, Del Pino said on Monday that a fair oil price would be around $70/bbl. “Global production is at 94 million barrels per day, of which we need to go down 9 million barrels per day to ... Oil prices rise on reported US crude stock draw, firm Japan imports Oil Is Likely To Remain Below $50 A Barrel In The Near Future Oil ends mixed on talk of output freeze, pipeline restart |