Barron's | Oil's Rally Still Faces Many Hurdles Barron's Last month, the benchmark U.S. oil price jumped as much as 40% off the six-year lows reached in March, spurred by stronger-than-expected demand, violence in the Middle East, a weaker dollar, and signs that domestic crude production was near a peak. Oil Prices Extend Gains as Drilling Activity Drops Again Oil Prices Top $60 A Barrel As Glut Eases |