UPDATE 2-MIDEAST STOCKS-Gulf markets upbeat as oil prices rise | Reuters:
"Most Gulf stock markets gained on Thursday as oil prices rose on U.S. stockpile data.
Brent crude was up 0.3 percent at $70.10 a barrel at 0840 GMT after data showed U.S. crude stocks fell more than expected last week as refineries hiked output.
Saudi Arabia's index rose 1.1 percent. Major gainers included blue chips Saudi Basic Industries, which jumped 3.9 percent, and Al Rajhi Bank, up 1.7 percent."
'via Blog this'
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