MARKETS

TASI 10,831 -1.6% UAE Index $18.80 -1.5% EGX 30 46,415 -0.8% Gold $5,103 -1.1% Oil (Brent) $98.62 +6.4% S&P 500 6,702 -0.6% Bitcoin $68,431 +3.7%

العربية

oil production

مصفاة نفط تمثل القدرة الإنتاجية لأوبك+ | Oil refinery representing OPEC+ production capacity

Energy

OPEC+ April 2026 Output Hike: More Oil, Blocked Hormuz

OPEC+ announced a 206,000 bpd production increase starting April 2026 while the Strait of Hormuz faces 80%+ shipping disruptions. An in-depth analysis of the paradox of pumping more oil when the main export route is…

Mar 7, 2026

Energy

OPEC+ Boosts Output Amid Iran War: Can It Prevent the Oil Shock from Spiraling?

OPEC+ raises production by 206,000 bpd as Hormuz traffic drops 80% and Brent surges past $82. Analysis of…

Mar 5, 2026