Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months on signs that a global supply glut is easing, one week ahead of an OPEC meeting.
The global oil prices rebound to $50 a barrel and then a sharp correction on Thursday had its reflection in the Qatar Stock Exchange (QSE) during the week.
Global oil prices at above $30 a barrel has had a positive effect on the Qatar Stock Exchange, which gained for the second day by another 293 points to inch near the 9,300 mark.
