West Texas Intermediate crude capped its first weekly gain in a month after a Malaysia Airlines passenger jet was downed in Ukraine and Israel sent ground forces into the Gaza Strip. WTI has climbed 3.2 percent since July 15, when it dropped below $100 for the first time in two months. The Boeing Co. 777 crashed in the main battleground of Ukraine’s civil war, threatening to escalate the worst crisis between the West and Russia since the end of the Cold War. Israel’s movement of troops and tanks into Gaza marks the first significant ground operation in the coastal enclave since 2009. “The geopolitical threat was discounted too quickly and has rapidly been priced back in,” John Kilduff, a partner at Again Capital LLC, a New York-based hedge fund that focuses on energy, said by phone. “The events in eastern Ukraine and in the Middle East are a reminder […]