02-06-2015 11:06 via news.yahoo.com

MIDEAST STOCKS-Rebounding oil supports Saudi Arabia; Egypt also up

(Updates with Saudi Arabia, Egypt open) DUBAI, June 2 (Reuters) - Stronger oil supported Saudi Arabia's stock market in early trade on Tuesday, while Egypt's bourse appeared to be stabilising after a profit-taking bout. Brent oil rose more than 1 percent towards $66 per barrel on Tuesday because of firm demand after dipping in earlier trade on expectations that OPEC would not cut output at its meeting this week. Also, Saudi Arabian oil minister Ali al-Naimi said late on Monday that oil demand wo
Read more »