Markets were mixed on Thursday.
The Dow Jones Industrial Average rose 0.36 percent to another record high but the S&P 500 fell 0.35 percent.
Oil rose again on Thursday. Brent crude surged more than 4 percent while West Texas Intermediate jumped 3.3 percent.
Gene McGillian, manager of market research for Tradition Energy, sees WTI crude "reaching the 2016 highs near $52 and even pushing above that" while Goldman Sachs forecast an increase in prices to $55 for WTI and $56.50 for Brent.