“I think there’s more upside at the moment than downside“I think there’s more upside at the moment than downside, the new range is $72-$85,” said Michael Hewson, chief market analyst at CMC Markets, adding that he “wouldn’t rule out” $90 brent this year.
https://www.marketwatch.com/story/brent-oil-prices-surge-to-80-with-market-rattled-by-iran-supply-worries-2018-05-17