West Texas Intermediate (WTI) and Brent crude oil prices posted increases on the final trading day of 2020.
The February WTI futures price gained 12 cents, settling at $48.52 per barrel. The light crude marker Thursday traded within a range from $47.77 to $48.58.
Brent crude for March delivery finished Thursday's session at $51.80 per barrel, reflecting a 17-cent gain.
Although oil prices have recovered since plunging this past spring amid steep pandemic-driven demand destruction, the b ....
