Oil prices set to finish 2017 at 2 ½-year high above $60; natural gas resumes rally

12/29/2017

As of December 28, 2017, WTI Crude gained 11% for the year versus 17% for Brent; both oil contracts are trading at 2 1/2-year highs of late. Later today, Baker Hughes will give an update on the number of active oil rigs in the U.S. with last week’s data showing the number unchanged at 747. WTI is at $60.04; Brent is at $66.28 this morning.

Source: MarketWatch.com - By: Barbara Kollmeyer - Image: Reuters

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