After the International Energy Agency raised its forecast, oil prices are rising, exceeding two dollars.
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Rising natural gas prices have shifted some consumers to oil
Oil prices closed more than two dollars higher on Thursday, following the International Energy Agency raised its forecast for oil demand growth for this year.
The rise in natural gas prices led to some consumers turning to oil.
Brent crude futures also rose $2.20, or 2.3 percent, to settle at $99.60 a barrel. US West Texas Intermediate crude futures also rose $2.41, or 2.6 percent, to $94.34.
