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Crude Oil price will rise 90% to $70 a barrel by fall: drilling CEO - Business Insider

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An oil CEO says crude prices could surge 90% to $70 by fall because US firms have 'over-cut production'

GOLDMAN SACHS: Buy these 15 stocks for powerful profit growth after a historic rally leaves the market with little room for errorHe said: "I think [the OPEC] is going to extend the cuts, but nobody wants to see downward pressure."

Eberhart said tensions between the US and China are more likely to hurt the US oil market than the Chinese one.

 

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