CNBC | Oil slips below $80 on rising US stockpiles CNBC Oil fell $1 a barrel to below $80 on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, while Saudi-U.S. tension and falling Iranian exports lent support. Brent crude, the global benchmark, was down $1.25, or 1.6 ... How High Can Oil Prices Go? Here is why crude oil prices continue to rise even when global growth forecasts are cut How high will oil go? Iran is the biggest X factor |