UPDATE 1-MIDEAST STOCKS-Gulf markets slip; UAE's TAQA tumbles on poor Q4

April 1, 2015 7:03 AM

68 0

DUBAI, April 1 (Reuters) - Gulf stock markets edged down in early trade on Wednesday as oil fell further following the extension of nuclear talks with Iran, and after United Arab Emirates energy firm TAQA booked a big 2014 loss due to oil's slump.

Oil futures edged lower in Asian trade amid speculation that a last-minute deal over Iran's nuclear programme would be reached that could allow more Iranian crude onto world markets. Brent was down 0.3 percent and U.S. oil fell 0.4 percent.

Read more

To category page