CNBC | Oil prices are unlikely to rise above $80 this year, Oman minister says CNBC Oil prices are unlikely to break out of the mid-$70 level, Oman's oil and gas minister told CNBC Monday, adding that he thought prices were currently "fair." "I think for the rest of this year we should see stability between $70 and the high 70s ... Oman expects oil prices to stay between $70-$80 per barrel this year: Report UPDATE 1-Oman expects oil prices to stay between $70-$80 per barrel this year - WAF |