Monday, September 29, 2025
Oil & Gas 360 Feature Article Oil Prices

Oil’s Path to $70 Defied Pressures That Still Threaten Prices

From Bloomberg Oil’s rise to $70 a barrel for the first time in three years had clear triggers as supplies tighten and demand climbs, yet it still surprised many traders because there were so many reasons for prices to falter. Those bearish pressures are still in place, and could make it tough for crude to hold onto its gains. Stockpiles