Economics Brent crude held steady above US$108 a barrel on Monday, drawing support from a brighter economic outlook for top energy consumer China, although investors remained skittish as US talks to avert a year-end "fiscal cliff" dragged on. More from Reuters Gold edged lower on Monday, extending losses to a third straight session, as slowing trade ahead of the year-end holidays responded little to the latest progress in the US budget talks. More from Reuters Iran's oil revenues have been cut in half this year compared with last year, a newspaper quoted Iran's economic minister as saying, an admission of how deeply Western sanctions are cutting Tehran's chief source of funds. More from Arabian Business Kuwait's index is seen steady on Monday despite demonstrations against the new parliament. More from Arabian Business Palestinian Prime Minister Salam Fayyad urged his compatriots in the occupied West Bank on
