MIDEAST STOCKS-Gulf markets edge up as oil rises; Egypt resumes rally | Reuters:
"Most major Gulf stock markets edged up on Thursday, supported by positive corporate news, while Egypt's bourse resumed a broad rally that had been sparked by the delay of an unpopular capital gains tax.
Brent oil rose towards $66 a barrel on Thursday, advancing for a second day and supported by expectations that a global supply glut is starting to ease and by fighting in Iraq.
The U.S. government's supply report on Wednesday showed crude inventories declined for a third week. Stockpiles had been at record levels due to excess supply, raising concern that storage capacity was getting tight."
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