Economic Times | The Downside Risk For Oil OilPrice.com Oil prices have spiked more than 13 percent in the past ten days, with WTI touching $75 at one point, the highest since the 2014 price crash. The factors that have contributed are quite vivid. Trump's request that Saudi Arabia increases its production ... Iranian oil imports dip 25 per cent in June Oil could surge to $250 a barrel if Iran follows through with its threat to close a key choke point, analyst says Crude prices cool after Pompeo hints at Iran oil sanctions waivers |