Middle East
Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points
Brent Oil Futures dipped slightly to $73.50 a barrel
Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel
Inflation data could help set market expectations for the Fed's 2025 policy
Traders currently see an 89.5 percent chance of a Fed rate cut this month
Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel
The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September
Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel
Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days
AI expected to generate $8.5 billion for GCC media and entertainment by 2030
Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel
