Is $70 The Ceiling For Oil Prices?

While sentiment in the oil market remains bullish, analysts cannot seem to agree on crude's next big move.  (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)Oil prices hit $70 per barrel for the first time in more than three years on Thursday. The last time Brent traded that high, prices were falling off a cliff after the November 2014 OPEC meeting left members producing without restraint, leading to a global glut of supply. The next steps for oil are unclear.…

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