CNBC | Oil's 'new normal' may be lower than you think CNBC For the first time since October, last week Brent and WTI crude futures reached $50 a barrel. But in spite of the shift upwards, analysts still disagree over where the price of "black gold" is heading. Oil prices have rallied over the last two months ... Opec meets with oil near $50: what to watch for Oil Price Forecasts Rise as Oversupply Concerns Ease US oil prices rise on start of summer driving season |