Economic Times | Supply risks building, crude oil has potential to hit $80 a barrel Economic Times This week, traders will likely focus on factors that could see oil prices trade over $70 per barrel. In the tug-of-war for market attention between supply and demand, the supply side seems to be winning now. News of slowing supplies and higher demand ... Oil Climbs as US Crude Stock Draw Exceeds Expectations US crude oil inventories decline, boosting oil prices Oil higher on lower Iran exports, rising US supply |