News Snapshot:
1/3 Crude oil prices will be under pressure for much the week due to lingering supply-side issues stemming in no small part to the Western sidelining of Russian oil. Photo by Jim Ruymen/UPI | License Photo Dec. 5 (UPI) -- A confluence of factors, from production cuts at an OPEC-led group to a price cap on Russian crude oil, drove a rally in crude oil prices early Monday. West Texas Intermediate, the U.S. benchmark for the price of oil, was up 2% as of 9:10 a.m. EST to trade at $82 per barrel. Brent, the global benchmark, was up 2.3%...
