Analysts are once again raising their oil price forecasts, in a reflection of falling concerns over the glut in crude supply. That takes pressure off members of the Organization of the Petroleum Exporting Countries as they meet on Thursday , following months of fervent debate over production levels within the cartel. Investment banks surveyed by The Wall Street Journal hiked their price forecast for the third consecutive month this May, predicting that Brent crude, the international benchmark, will average $43 a barrel in 2016. That’s up $2 from April’s survey. The survey of 13 investment banks foresees the price of West Texas Intermediate, the U.S. oil gauge, averaging at $41 a barrel this year and $55 a barrel in 2017. “The market is conspiring to help OPEC,” said Doug King, chief investment officer at […]