Telegraph.co.uk | Saudi Arabia's strategy of cheap oil prices has failed Telegraph.co.uk "In the absence of a major financial meltdown, oil will end 2016 north of $60 a barrel." So stated this column at the turn of the year – a forecasting flourish possibly fuelled by one Christmas brandy too many. Back then, in early January, having ... Oil to Top Out at $60 a Barrel Oil Prices Rise for Third Straight Day Oil rallies to best week in years after OPEC output deal |