MIDEAST - Factors to watch - April 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, April 3 (Reuters) - Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL
* GLOBAL MARKETS-Oil prices jump in blow to global inflation hopes
* OPEC+ surprise output cuts lift oil prices by $5/bbl
* PRECIOUS-Oil prices jump in blow to global inflation hopes
* MIDEAST STOCKS-Most Middle Eastern bourses in black on US inflation data
* OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
* INSTANT VIEW-OPEC output cuts to roil markets, little room for others to respond
* Goldman Sachs raises Brent oil price forecasts after OPEC+ output cuts
* COLUMN-OPEC+'s shock output cuts is admission bullish oil demand view is uncertain: Russell
* Israel OKs Ben-Gvir's 'national guard' but hedges on his powers
* Second Iranian Revolutionary Guard member dies after Israeli attack in Syria
* Iran says it warned off U.S. Navy aircraft close to Gulf of Oman - Iranian media
* Iraq to ask Turkey to restart northern oil exports after initial KRG deal
* Sudan raises price of petrol, lowers price of diesel - statement
* Algeria to cut oil output by 48,000 bpd until end of 2023 - state media
* Iraq to cut oil output by 211,000 bpd from May to end of 2023 EGYPT
* Egypt's Sisi heads to Saudi Arabia amid financial pressure, regional realignment
* Egypt's net foreign assets drop by $1.3 bln in February SAUDI ARABIA
* Saudi Arabia to voluntarily cut oil output by 500k barrels/day - state media
* Saudi Arabia to invite Syria's Assad to Arab leaders summit, sources say UNITED ARAB EMIRATES
* UAE to cut oil output by 144,000 bpd from May to end of 2023 QATAR
* QatarEnergy enters exploration offshore Mauritania KUWAIT
* Kuwait to voluntarily cut oil production by 128k bpd - energy ministry
* BUZZ-Kuwaiti logistics company Agility slides on dividend angst OMAN
* Oman to cut oil output voluntarily by 40k bpd from May to end of 2023 (Compiled by Dubai newsroom)

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