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Exclusive: Civitas Resources nears $5 bln deal to expand into Permian-sources

Civitas Resources Inc is nearing a deal to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC for close to $5 billion, including debt, people familiar with the matter said on Monday.

Most Gulf markets drop as China slowdown jitters weigh

Most stock markets in the Gulf fell in early trade on Monday, tracking oil prices lower, as concerns over China's faltering economic growth outweighed support from OPEC+ production cuts.

Qatar stock market ends lower, Egypt rises

Qatar's stock market ended lower on Sunday as comments from two U.S. Federal Reserve officials curtailed investor optimism that the central bank is nearing the end of its aggressive interest rate hikes.

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