Crude Oil Futures Soar on Thursday

Oil futures continued to show gains on Thursday as prices rise to their highest finish since 2015, according to Bloomberg MarketWatch.

December West Texas Intermediate crude added 24 cents, or 0.4%, to settle at $54.54 a barrel on the New York Mercantile Exchange.

January Brent crude, the global benchmark, rose 13 cents, or 0.2%, to finish at $60.62 a barrel on the ICE Futures Europe Exchange.

Oil prices settled lower on Wednesday after the WTI hit a more than two-year intraday high above $55 a barrel and Brent crude, the global benchmark, retreated from July 2015 highs to post its first decline in seven sessions.

December natural gas tacked on 1.5% to settle at $2.935 per million British thermal units on the New York Mercantile Exchange.

Meanwhile, natural gas futures climbed after the U.S. Energy Information Administration reported Thursday that supplies of the commodity rose by 65 billion cubic feet last week, matching the average forecast from a survey of analysts conducted by S&P Global Platts. The rise came in above the five-year average of 60 billion cubic feet.