Oil futures traded above $100 a barrel today , set for their highest close of the year as traders looked toward this week’s economic data and monetary policy testimony from Federal Reserve Chairwoman Janet Yellen for cues on the next direction for prices. The Brent crude oil’s March contract lost 63 cents, or 0.6%, to $108.94 a barrel on ICE Futures. The contract on Friday added 2.2%, leaving prices up roughly 3% for the week.