Though crude oil prices are up more than 4 percent since the start of January, a survey of North American sentiments forecasts a narrow range. The price of crude oil is up more than 4 percent so far in the 11 global trading days of the year. Prices have moved generally higher since the middle of last year, supported by a drain on the market surplus that dragged heavily on the sector three years ago. Late last year, the situation was supported further when the Organization of Petroleum Exporting Countries decided to extend its effort to balance the market with production cuts through 2018. Now, demand outlooks have improved and geopolitical risk, from the outlook in Iran […]