Tuesday 28 July 2015

MIDEAST STOCKS-Gulf markets slip as oil extends losses | Reuters

MIDEAST STOCKS-Gulf markets slip as oil extends losses | Reuters:



"Gulf stock markets slipped in early trade on Tuesday after oil prices slid again on concern about global oversupply.



Crude prices fell towards four-month lows, dropping for a fifth straight session. Brent futures traded just above $53 per barrel.



Dubai's bourse edged down 0.6 percent with most stocks in the red. Builder Arabtec fell 1.3 percent and was the most traded stock."



'via Blog this'

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