Saudi ends higher on oil prices; most Gulf markets in red - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Saudi Arabian stocks climbed on Sunday in response to Friday’s rise in oil prices, while most other bourses in the Gulf were in the red on global economic concerns.

Saudi woman walks at the Saudi stock market , in Riyadh, Saudi Arabia March 9, 2020.

Russia may cut oil output by 5% to 7% in early 2023 as it responds to price caps, the RIA news agency cited Deputy Prime Minister Alexander Novak as saying on Friday. The Saudi bourse could maintain a stronger profile this week if oil prices continue to move to the upside, said Daniel Takieddine, CEO MENA at BDSwiss.The blue-chip index in Qatar – among the world’s top exporters of liquefied natural gas – dropped 0.6%, hit by a 1.2% fall in Qatar Islamic Bank .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Genuine Idea to rebalance your portfolio if you are a newbie or making loss in crypto trades,Glad I didn't miss out on the dip. made R40k and more with a good recommendation from JeremyHogan0 this has literally helped me through earning more even as I work.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines