Oil extended its weekly gain, with Brent crude closing the week higher at $62.91 per barrel. The WTI crude oil price closed the week slightly lower at $59.24 per barrel after surging above $61 a day before close. Nevertheless, oil prices are still at a 13-month high, exceeding pre-pandemic levels. The impact of the Texas winter freeze on the US market may be easing, but the restart of operations could ...