Natural Gas, Oil to Stay Structurally Higher: Energy Aspects’ Sen Brent closed at the highest in nearly three years amid signs the crude market is rapidly tightening from a global energy crunch. The global benchmark crude surged 1.8% on Monday, but met some resistance as it neared the key, psychological $80-a-barrel level. Its U.S. counterpart rose 2% to close above $75 a barrel for the first time since July. Both benchmarks are set to continue climbing as supply struggles to catch up with fast-rising demand, according to Trafigura Group’s co-head of oil trading Ben Luckock. His remarks came as Goldman Sachs Group Inc. said Brent could hit $90 by year-end as the market is in a bigger deficit than many realize. Brent failed to break $80 because some speculators were taking profits, said Bob Yawger, director of the futures division at Mizuho Securities . “We should look for the […]