Oil prices are up 59 percent since 2017 lows in June. The price of Brent crude oil topped $70 per barrel briefly on Jan. 11 for the first time in more than three years.
Russia, Saudi Arabia and others have been cutting production to shrink global stockpiles and increase prices -- but not by too much or too quickly....
TO READ THE FULL ARTICLE
Copyright © Stratfor Enterprises, LLC. All rights reserved.