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Asia stock markets lifted as oil passes $50 a barrel www.bbc.com
Asian share markets are higher after oil prices rose above $50 a barrel on speculation major producers are going to reduce output.
Crude prices have risen by more than 20% from its August low, meaning oil has swung back into a so-called bull market.
Japan's Nikkei rose 0.44% at the open to 16,558.38 while the broader Topix gained 0.4% to 1,296.26.
Australia's S&P/ASX 200 is 0.2% higher while New Zealand is trading flat.
South Korea's Kospi edged up 0.1% in Seoul.
Published Date:2016-08-19
