- Oil prices fell on Friday after Saudi Arabia dismissed the idea of an oil producer summit and as Gold- man Sachs (NYSE:GS) cut its crude forecasts.October Brent, the global oil benchmark, fell 65 cents to $48.24 a barrel by 0745 GMT after it settled up $1.31, or 2.8 percent, on Thursday.
- Gold prices gained mildly in Asia on Friday with weekend data in China in focus and next week’s Federal Reserve meeting on interest rates.China will release retail sales and industrial production figures at the weekend.
- Crude oil prices fell in Asia on Friday as investors looked ahead to weekend data from China on retail sales and industrial output and took gains from overnight.On the New York Mercantile Exchange, WTI crude for October delivery fell 0.65% to $45.62 a barrel.
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