TIME | Oil Prices Rebound Above $30—Is a Rally Finally Here? TIME Oil prices plumbed new lows last week, dropping below $28 per barrel. But oil also closed out the week on a positive note, with huge gains on Thursday and Friday, rallying back above $30 per barrel. The price increase could be a sign that the markets ... OPEC officials see oil market begin to start rebalancing Oil prices in reverse amid Opec call MarketsOpec secretary general calls for talks on oil price collapse |