MIDEAST STOCKS-Strong oil may help Gulf maintain positive momentum

April 27, 2015 5:36 AM

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DUBAI, April 27 (Reuters) - Strong oil prices may support Gulf stock markets on Monday, although the latest batch of first-quarter earnings reports from Qatar and Dubai contained no positive surprises.

Brent crude held near a 4-1/2 month high above $65 a barrel on Monday, supported by concerns about the fighting in Yemen potentially disrupting Middle East supplies and signs that U.S. shale output may have started to decline.

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