Bloomberg | Oil breaks above $70 a barrel as shadow of trade war recedes Reuters Oil briefly rose above $70 two weeks ago, after Saudi Arabia vowed it would keep an agreement in place to limit supply into next year. But the U.S. decision to impose tariffs on $50 billion of Chinese goods a week later sent the price to a two-week low ... Why Is US Oil So Cheap? Seen Any Oil Bears Recently? Didn't Think So Crude oil prices likely to turn choppier; use any rally to sell |