Thursday 28 January 2016

MIDEAST STOCKS-Gulf bourses rise after Russia raises oil output issue | Reuters

MIDEAST STOCKS-Gulf bourses rise after Russia raises oil output issue | Reuters:

"Stock markets in United Arab Emirates and Qatar rose in early trade on Thursday as oil prices held above $30 a barrel.

Brent futures surged 4 percent on Wednesday after Russian officials decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster prices. The futures edged back down slightly on Thursday to $32.61.

Dubai's share index was up 1.2 percent with volumes picking up. The bourse jumped 2.0 percent on Wednesday."



'via Blog this'

No comments:

Post a Comment