DUBAI / Reuters Middle East stock markets fell on Tuesday as a tumble by real est-ate developer DAMAC caused Dubai to break a seven-session ris-ing streak and weak corporate earnings helped to pull down Egypt’s bourse. The Egyptian blue chip index, which had closed at a record high on Monday, sank 1.7 percent in rising turnover – a negative technical …

Bloomberg Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it needs the money. OPEC has for years cheated on its own agreements, particularly when oil prices fail to recover after an output cut. But Ecuador has taken the rare step of saying publicly it will increase production, making it …

Bloomberg Oil traded near $46 a barrel as crude production rebounded in Libya, an OPEC member exempt from output curbs. Futures gained 0.3 percent in New York after sliding 1.1 percent on Monday. Libya has increased output to 1.1 million barrels a day, according to a person familiar with the matter. The country will attend a meeting with some OPEC …