Oil prices rose on Thursday, with Brent briefly touching a five-month high, a day after the International Energy Agency (IEA) forecast the market would continue to tighten as fuel demand increased. Brent crude LCOc1 futures were up 56 cents, or 1 percent, at $55.72 a barrel by 12:16 p.m. EDT (1616 GMT). The session high for the global benchmark was $55.99, its highest since April 13. The contract remained in technically overbought territory for a second day in a row. U.S. West Texas Intermediate CLc1, meanwhile, was up 84 cents, or 1.7 percent, at $50.14 per barrel, its first time over $50 since August. WTI touched $50.50, its highest since May 25, and surpassed its 200-day moving average. […]