Most Gulf stock markets were unchanged at close on Wednesday after oil prices fell as investors looked for data about U.S. crude inventories amid worries of rising supply while stocks globally were steady as trade tensions seemed to ease.
Brent crude futures fell 64 cents, or around 1%, to $65.99 a barrel by 0934 GMT as traders anticipated a potential jump in U.S. crude inventories, with official data expected at 1430 GMT.
Stocks around the world took a breather after a strong rally on easing global trade tensions, after a U.S.-China truce.
Saudi Arabia's benchmark stock index (.TASI), opens new tab was unchanged at close.
A 9% surge in wholesale and retail trader Al Hokair (4240.SE), opens new tab offset a 5.43% fall in telecom provider Saudi Telecom (7010.SE), opens new tab and 5.38% fall in real estate firm Taiba Investment Company (4090.SE), opens new tab.
Dubai's main share index (.DFMGI), opens new tab settled 0.1% lower, Dubai National Insurance and Reinsurance (DNIN.DU), opens new tab logged losses for a second straight session, closing down 5.1%.
Qatar's benchmark stock index (.QSI), opens new tab closed up 0.08% with a 1.4% rise in milk producer Baladna (BLDN.QA), opens new tab offsetting a 1.3% fall in Qatar International Islamic.
Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab closed 0.4% higher. Beltone Financial Holdings closed up 3% after the financial services provider logged a 1.4% rise in quarterly net profit.
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