Author: Maggie Eastland

  • WTI Tops $71 as Sanctions Loom

    WTI Tops $71 as Sanctions Loom

    by Bloomberg | Maggie Eastland  | Friday, December 13, 2024 | 4:04 PM EST Oil rose as simmering geopolitical conflicts and the prospect of sanctions on Russia and Iran countered projections for a supply glut next year. West Texas Intermediate futures advanced 1.8% to top $71 a barrel, notching a weekly gain of about 6% and…