Gulf Stocks Slip as Oil Prices Drop on OPEC+ Output Talks Delay
• Major Gulf stock markets fell on Thursday as oil prices dropped after OPEC+ postponed a meeting where output cuts were expected to be discussed
• Brent crude futures fell over 1% to $80.94 per barrel after falling 4% on Wednesday due to the OPEC+ surprise
• Saudi Arabia's stock index fell 0.1%, set to extend losses as Saudi Aramco shares dropped 0.2%
• Abu Dhabi and Dubai indexes also eased between 0.1-0.3% though losses were limited on hopes of lower interest rates globally
• The Qatari index retreated 0.3% with petrochemical maker Industries Qatar losing 1.2%