MIDEAST STOCKS-Saudi, Egyptian markets edge up in early trade | Reuters:
"The Saudi Arabian stock market edged up in early trade on Wednesday before an oil producers' meeting that could help to support crude prices, while Egypt's bourse was aided by a firm global tone for equities.
Iran's oil minister was due to meet his counterparts from Iraq, Qatar and Venezuela in Tehran on Wednesday afternoon to discuss a proposal for major producers to freeze output at January levels.
Even if an agreement can be reached, many investors doubt it will be respected in the long term, or that it would boost oil prices much."
'via Blog this'
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