New York Times | Oil Price Briefly Reaches $70 as Buoyant Global Economy Bolsters Demand New York Times Tensions in Iran. Cold weather in the United States. A year of production cuts. With 2018 still young, there has been no shortage of reasons oil prices are pushing higher. Prices for Brent crude, the international benchmark, have risen nearly 50 ... Asian Oil Buyers Could Benefit From Fresh Sanctions On Iran |