Major Gulf stocks rise on higher oil prices, China demand prospects

📆 22/1/2023 14:45:00
📰 Reuters

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Most major Gulf markets ended higher on Sunday, reflecting Friday's rise in oil prices driven by prospects that an upbeat economic growth outlook from China could signal increased fuel demand in the world's second-largest economy.

about $1 a barrel on Friday, with Brent crude at $87.63 a barrel, up $1.47 or 1.7%.

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