Oil prices will gradually rise toward $60 per barrel by the end of 2017, a Reuters poll showed on Thursday, with further upside capped by a strong dollar, a likely recovery in U.S. oil output and possible non-compliance by OPEC with agreed cuts. Brent crude futures will average $57.43 a barrel in 2017, according to 29 analysts and economists polled by Reuters. The current forecast is marginally higher than the $57.01 forecast in the previous survey. Average Brent prices are expected to improve with each subsequent quarter, starting with $53.88 in the first, to $56.61 in Q2, $58.79 in Q3 and $59.68 in the fourth quarter. Brent has averaged about $45 per barrel in 2016. “Crude prices should trade most of the time above […]