Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above that level in a sign that financial markets have increasing confidence in the sector. U.S. West Texas Intermediate (WTI) crude futures CLc1 settled at $50.44 per barrel on Thursday – the first settlement above $50 since June 24 – and were trading on Friday up three cents at $50.47 per barrel at 0123 GMT. International Brent crude futures LCOc1 already moved over $50 at the start of this week, and were trading at $52.51 per barrel at 0123 GMT on Friday, flat with their last settlement. With both front-month contracts above $50 per barrel and each forward curve in contango, in which contracts for future delivery are more expensive than those for […]