Most Gulf bourses in the black ahead of OPEC+ meet

LONDON: Most stock markets in the Gulf rose in early trade on Monday, extending gains from the previous session ahead of this week’s meeting of officials from OPEC and other top oil producers on supply adjustments.

OPEC and its allies, a group known as OPEC+, will consider keeping oil output unchanged for September when they meet next week despite calls from the United States for more supply, although a modest output increase is also likely to be discussed, Reuters reported on Thursday, citing eight sources