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Monday, 12 December 2016

Arabian Gulf shares up after oil prices rise | The National

Arabian Gulf shares up after oil prices rise | The National:
"Shares across the Arabian Gulf surged on Monday morning, after oil prices rose to their highest level since July 2015.

Brent crude futures surged rose by more than four per cent to around $56.71 a barrel during morning trading, following the agreement on Saturday by non-Opec oil producers to cut output by 558,000 barrels per day.

Shares in the UAE surged at the open, following gains across most Asian bourses."

'via Blog this'