Crude prices rose Thursday from the start of traditional trading hours in the U.S., where traders are still feeling bullish about recent changes in the oil market. Prices have been on the way up, gradually, since the Organization of the Petroleum Exporting Countries and other global exporters agreed last month to cut output. And even losses Wednesday—one of only three losing sessions in two weeks—couldn’t drag the market under recent lows, which momentum-based traders see as a positive sign for prices, brokers said. Light, sweet crude for February delivery settled up 46 cents, or 0.9%, at $52.95 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, gained 59 cents, or 1.1%, to $55.05 a barrel on ICE Futures Europe. Both benchmarks had their eighth winning session of the last 11. Oil prices are heading higher as U.S. traders feel bullish. OPEC had agreed last month to […]