CNBC | Oil rises towards $77 after slide, demand outlook weighs CNBC Oil rose towards $77 a barrel on Wednesday after hitting a two-month low as the focus returned to looming U.S. sanctions on oil exporter Iran, although concern about a weaker demand outlook weighed. In a sign Iranian exports will drop further once the ... Oil Bears' Teeth Look a Little Blunt Oil prices drop to two-month low Saudi Arabia Proves That Oil Is Power |