December 13, 2024
Supply risks driven by sanctions push oil prices higher.
- Oil prices rose 5.1% to $70.63 amid geopolitical tensions, despite forecasts of oversupply in 2025.
- Gold prices increased 1.92% to $2,689, driven by demand for safe-haven assets and expectations of monetary policy easing.
- Germany’s inflation rose to 2.2% in November, fueled by rising prices in the services sector.
