ABC Online | Oil prices surge to highest level since late 2014, Apple shares enjoy a Buffett boost ABC Online Oil prices hit their highest level since 2014, with US crude breaking through $US70 a barrel. The prospect of the US reimposing sanctions on Iran and a dispute between Venezuela's state-owned oil company and US firm ConocoPhillips spurred the rally ... Oil Prices, Berkshire Hathaway, Nestle and Starbucks - 5 Things You Must Know |