Oil fell after the sweet run-up from $42 to over $70. Oil is getting talked down to hurt the price.This is done to ease the market if Iran sanctions take place. Asia will buy up all Russian oil once Asia's pipelines are in place. In the longer run, demand will grow faster in Asia, outpacing shipments in the region.Oil will rebound.Agree or disagree? Login now to vote. Join the group of Value Stocks. With ~830 members. Comment below.