Reuters Gulf stocks were mixed on Tuesday, with the Saudi market up on steady oil prices. Outside of the Gulf, Egypt’s index continued to climb, reaching an all-time high as it benefits from the central bank’s decision to cut interest rates in February, the first time it has done so since letting the currency float freely in 2016. The Egyptian ...

Bloomberg Oil rose in tandem with global equity markets, shrugging off concerns over a new wave of crude production from the US as fears of a global trade war eased. Still, the International Energy Agency’s warning that OPEC production cuts will unleash a supply surge from the US and other producers maintained a note of caution in the market. Oil ...

Bloomberg Saudi Arabia’s former oil minister has some advice for anyone worried about a possible drop in future demand for crude: Chill. “I would like to put everyone at ease, there are no such worries,” Ali al-Naimi said in Manama, Bahrain, when asked if he sees a threat to oil demand from climate policies and increasing use of electrical vehicles. ...