Progress on tax reforms in the States pushed the greenback towards one-month highs, weighing on the commodities complex, although energy futures still found a good bid.
Gulf Keystone Petroleum, an independent operator and producer in the Kurdistan Region of Iraq, confirmed on Friday that operations continued safely and securely despite political instability in the surrounding region, with average production of 34,525 barrels of oil equivalent per day from the Shaikan oil field since the start of October.
Existing home sales in the States broke a three-month streak of consecutive declines but were nevertheless labelled "meagre" by some observers, who warned that a lack of supply and fast price increases were putting a crimp in buyers' budgets.
Spain’s government will force elections in Catalonia in January with the support of the official opposition, in one of the first steps toward withdrawing autonomy for the region.
European leaders have agreed to move internal discussions on Brexit onto issues of trade and the exit transition - but not with the UK negotiating team due to the "insufficient progress" made in negotiations.
US President Donald Trump’s proposed tax reforms cleared a significant hurdle on Thursday as the Senate passed a blueprint budget for 2018, as the divisiveness under his administration faced thinly-veiled attacks from predecessors Barack Obama and George W Bush.
China's economy continued expanding at a steady clip last quarter, although some economists believed tighter economic policy was set to weigh on the pace of expansion.
The US dollar extended a winning streak on Wednesday as the focus on upcoming changes to monetary policies in the US grew.
Iraq has taken control of key areas of the disputed city of Kirkuk, seizing the international airport, a key oil field and a military base in what is an oil-rich area bordering the Kurdistan Region.