Wall Street Journal | Oil Tops $70 as Supply Concerns Outweigh Higher Production Wall Street Journal Oil prices rose to a two-week high on Monday, as concerns about supply risks outweighed signs of growing production. Light, sweet crude for September delivery gained $1.50, or 2.2%, to $70.19 a barrel on the New York Mercantile Exchange, on track to ... Why is Saudi halting oil shipments through the Red Sea? Saudis Won't Suspend Oil Exports To The West Mysterious Attack on Saudi Oil Tanker Heats Up US-Iranian Front |