ROC 1 Well Thread Spud Nov 17th, page-56

The falls in WTI and Brent in both Europe and the US, last Friday will have an impact on Australian's oil and gas sectors.

Hopefully this news (below) on Saturday, on China's growth will minimize its falls.

ROC on Christmas!!!

Industrial output climbed 6.2 percent in November from a year earlier, the National Statistics Bureau said Saturday, compared with the 5.7 percent median estimate of economists surveyed by Bloomberg and October’s 5.6 percent.

Retail sales gained 11.2 percent for the best reading of 2015 while fixed-asset investment increased 10.2 percent in the first 11 months of the year.

The reports followed others last week showing the year long slide in imports is moderating and that consumer inflation is picking up. Policy makers have added stimulus to help maintain medium to high-speed growth while shifting to a more balanced, services and consumption-led economy and away from manufacturing and infrastructure spending.

“The risk of a hard landing remains low,” Louis Kuijs, head of Asia economics at Oxford Economics Ltd. in Hong Kong, wrote in a note. “The macro-policy easing measures taken earlier this year have had a favorable impact on growth.”

Bloomberg.