MIDEAST STOCKS-Saudi rises on oil gains, banks boost Qatar

Reuters - 12-03

Dec 3 (Reuters) - Saudi Arabia’s stock market rose as oil prices climbed by more than 4 percent on Monday, leading to gains in its petrochemical and bank stocks. Qatar’s market also rose on the back of its banks, even as the world’s largest liquefied natural gas exporter said it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) as of January 2019.