Gold 
“While oil prices ended last week on a high note, they turned red on Monday as Saudi Arabia (ARMCO) cut the February selling price of its flagship Arab Light crude to Asian customers amid rising supply, growing competition from rival suppliers and demand concerns. Meanwhile, U.S. oil production is now near record levels, with weekly exports at a fresh high as the Red Sea crisis and the resulting run-up in costs for diverting tankers have driven up demand for cheaper American crude. Traders are also closely watching the U.S. government’s oil purchases to replenish the strategic petroleum reserve, which may help in capping oil’s slide.”
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