China

OPEC cuts oil demand growth forecast for 2024, 2025

2024 global oil demand to rise by 1.61 million barrels per day, down from 1.82 million barrels per day last month

Global gold prices dip from over one-month high, UAE rates rise on rate cut bets

Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points

ADFW 2024: Asset Abu Dhabi explores evolving global asset management industry

Asset Abu Dhabi gathered asset managers who collectively manage over $42.5 trillion in assets to share their perspectives

Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators

Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel

Gold prices rise on China’s pledges for additional policy stimulus

Traders currently see an 89.5 percent chance of a Fed rate cut this month

Oil prices slip as market reacts to China’s stimulus and Middle East instability

Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel

Oil prices rise on Middle East uncertainty despite weaker China demand

The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September

Gold prices rise as China central bank resumes gold purchases

Strong central bank buying, monetary policy easing and geopolitical tensions have driven gold prices to multiple record highs this year

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Gold prices rise as traders eye Fed Chair’s speech for rate cut clues

Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting