Mideast Stock – Factors to watch on April 5 – ZAWYA
- Date: 05-Apr-2020
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
Mideast Stock – Factors to watch on April 5 – ZAWYA
* Oil surges more than 13% on hopes of output deal. * MIDEAST STOCKS-Oil price rebound aids major Gulf indexes, Qatar outperforms. * OPEC+ meeting delayed as Saudi Arabia and Russia row over oil price collapse - sources. * Texas would curb oil output under broader deal by Trump - regulator. * U.S. not negotiating with Saudi Arabia, Russia; wants them to reach oil deal - source. * Saudi Arabia brings forward coronavirus curfew start in three areas. * Dubai imposes 2-week lockdown as Gulf states battle spread of coronavirus. * Kuwait backs OPEC+ meeting, resumes Neutral Zone shipments with Saudi.