Saudi leads most Gulf markets higher; Qatar retreats
Most stock markets in the Gulf ended higher on Monday as oil prices hold above $85 a barrel with the Saudi index hitting its highest since November.
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Most stock markets in the Gulf ended higher on Monday as oil prices hold above $85 a barrel with the Saudi index hitting its highest since November.
Saudi Arabia's stock markets ended higher on Sunday after Friday's rise in oil prices, although the Qatari index extended losses for a second session.
Sales of marine fuel, also known as bunker fuel, recovered at top refuelling hub Singapore in March as vessel calls for bunkering reached more than two-year highs, official data showed Friday.
BP PLC on Thursday said it started oil production at Argos, its first platform launch in the U.S. Gulf of Mexico since 2008 and its fifth operating in the basin.
Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.