MIDEAST STOCKS-Saudi Arabia climbs, falling rig demand hurts Qatar | Reuters:
"Gulf stock markets were mixed on Monday as stronger oil supported Saudi Arabia but news of falling demand for drilling rigs dragged down Qatar.
Both Brent crude and U.S. oil gained about $1 per barrel as news of a slowdown in U.S. drilling continued to buoy prices.
This helped the Saudi stock benchmark climb 0.9 percent as most stocks rose, offsetting negative influence from heavyweight Saudi Basic Industries, which dropped 2.9 percent as it went ex-dividend."
'via Blog this'
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