The Saudi index closed up 1.5%.

The Saudi stock index closed, on Tuesday, up 1.5 percent to 11,780.4 points, affected by the improvement in oil prices and the rise in Asian and European markets, which rose ahead of expected inflation data today.

Oil prices also rose on expectations that the OPEC + group may agree to a significant reduction in crude production when it meets this week.
Brent crude futures rose 79 cents, or 0.9 percent, to $89.65 a barrel by 1054 GMT, after gaining more than 4 percent in the previous session. US crude futures also rose 60 cents, or 0.7 percent, to $84.23 a barrel. It had risen more than five percent in the previous session.