West Texas Intermediate (WTI) and Brent crude oil futures settled higher for the third consecutive day Thursday.

$90 per barrel oil is more likely than $40 per barrel oil, according to Majid Jafar, CEO of Cresent Petroleum.

Crude oil futures faltered Tuesday on the apparent lack of progress in trade relations between the world’s two largest economies, along with two individuals notably absent this week from a meeting of global elites.