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Brent rose more than $1 earlier in the session on concerns about tight supplies and heightened geopolitical risks in Europe and the Middle East.

US consumer prices rose in December, inflation was nearing its peak in four decades, making gold more attractive as an inflation hedge.

These are the stocks showing the largest movements in daytime trading.

Oil prices rose on Thursday for the third straight session due to positive developments around COVID-19.

GameStop, once at the center of stock market craze, fell more than 12% during daytime trading, bringing its monthly loss to nearly 29%.

Oil prices rose on Thursday, more than offsetting the losses of the previous day

The euro fell to nearly a 16-month low on Friday after Austria became the first country in Western Europe to reintroduce complete isolation.

Shares in the auto startup fell 10% in preliminary trading on Friday after the company reported another quarter without earnings.

Oil prices fell Wednesday after U.S. crude inventories rose more than expected

On Thursday, Apple reported revenue that fell short of Wall Street's expectations for its fiscal fourth quarter.

"We're up more than 70% year-on-year compared to GM and Ford, which have a decline of about 30% year-on-year," McNeill said