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 Top Story with Tom Llamas - July 1 | NBC News NOWMaryland investigation uncovers sexual abuse of 600-plus children by Catholic Church‘This is a massacre!’: Rescue workers fight to save children in Gaza airstrike rubbleTop Story with Tom Llamas - Jan. 19 | NBC News NOWWatch: Snowboarder records himself miraculously surviving Utah avalancheFinancial services firm discusses LG Energy Solution's market debut 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