December 13, 2024
Sanction-Driven Supply Risks Push Oil Prices Higher
- Oil prices rose by 5.1%, reaching $70.63, amid geopolitical tensions despite forecasts of oversupply in 2025.
- Gold prices increased by 1.92%, reaching $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.
