Oil needs to be $60 a barrel to ‘really kill’ U.S. production, analyst says Update Date: Post Date: CNBC Kang Wu, head of global demand and Asia analytics at S&P Global Commodity Insights, says $70 a barrel is “a good price, overall.” Tags CNBC Related Posts Officials release bodycam video from Nashville school shootingDebris from missing Titanic submersible found, passengers presumed deadThe next China is not India or Vietnam — it's still China, says strategistU.K. election result will be 'historic,' political lecturer saysWe expect the residential development market to be slow, says Skanska CEOLIVE: NBC News NOW - March 5 Post navigation Senate negotiators in talks to try to reach U.S.-Mexico border security dealSlaughterhouse children: The dark truth behind the meat you eat