CNBC | US crude rises 2.1%, settling at $70.13, boosted by signs of tight oil supply CNBC Oil prices rose back above $70 a barrel on Monday, with U.S. crude posting its best one-day dollar gain in over a month, after four weeks of losses for the benchmark. U.S. West Texas Intermediate crude ended Monday's session up $1.44, or 2.1 percent, ... Oil Recovers to $70 Amid Supply Risks After Fourth Weekly Loss Oil prices rise, boosted by supply outlook Oil Tops $70 as Supply Concerns Outweigh Higher Production |