Russia
The EIA reported on Thursday that U.S. crude oil stockpiles rose, while gasoline and distillate inventories fell last week
Gold was trading near its all-time high of $2,946.85 it hit on Wednesday
Analysts forecasted that about 2.2 million barrels of crude was added to U.S. stockpiles in the week ended on February 14
Riyadh hosted on Tuesday discussions between Russian and U.S. representatives
Spot gold dropped 0.2 percent to $2,928.52, while U.S. gold futures fell 0.1 percent
West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel
Saudi welcomed last week's Trump-Putin phone discussion, aiming to unite both leaders in the Kingdom
Trump says he expects first meeting with Putin in Saudi, involving Crown Prince Mohammed bin Salman
Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel
The U.S. dollar fell to near its lowest level since December 17 in reaction to disappointing U.S. retail sales data on Friday
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
