China
The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September
Strong central bank buying, monetary policy easing and geopolitical tensions have driven gold prices to multiple record highs this year
Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel
Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel
Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting
Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel
The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns
Brent crude futures for February increased by 0.3 percent to $72.02 a barrel
S&P now forecasts Chinese GDP growth of 4.1 percent in 2025 and 3.8 percent in 2026
The dollar index fell 0.14 percent to 105.90, raising gold’s appeal among holders of other currencies
Brent crude futures for January fell by 0.1 percent to $73.21 per barrel
