Though oil was aiming to end the week at $50 a barrel, struggled to manage around $40 a barrel on Friday due to grim jobs data. An agreement on the cards between Russia and Ukraine over a deal to restore natural gas flows to Europe also took oil lower since everything went on smoothly.
Crude for February delivery closed down 87 cents at $40.83 a barrel on the New York Mercantile Exchange.
It was another bad day for gold as dollar regained hold against the euro as investors were waiting to see the US jobs data release. Gold for February delivery settled 50 cents higher at $855 an ounce on the Comex division of the New York Mercantile Exchange.
Cheers!
Barbie, hot and smart
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