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Mideast Stocks-Gulf mkts bleed after Opec lets oil slide; Egypt steady

2014-11-30 17:31:11| Chemicals - Topix.net

Gulf stock markets plunged to milestone lows in a panic sell-off on Sunday after OPEC's decision to keep crude output unchanged sent oil prices tumbling. The price of Brent crude fell about 10 percent to $70.15 per barrel since regional equity markets had last traded on Thursday and Sunday's opening was grim for long-only regional investors.

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