Issue 02
Oil News
- Oil Prices Slide Spells Financial Pain For OPEC Producers
- Iraqi Oil Exports Return To A Weak Market
- Iraq Discusses Buy-Back Deals With Foreign Oil Firms
- Aramco Drops February Crude Prices As Mideast Sellers Struggle To Place New Output
- Spot Market Unfazed As Aramco Drops LPG Contract Prices $35-58/Ton For January
- OPEC Basket Falls $1.95/B To $16.89/B For December, 1997 Average Down By $1.61/B
- Abu Dhabi, Oman and Qatar Cut December Prices
- Iran Cuts Formula Prices For February
- Syria's Heavy Crude Remains Unchanged For January
- Libya Offers 14 Blocks To International Oil Firms
- Iran To Cut Budget Oil Price Next Year To $16/B
- Asian Crisis Cuts Demand Projections By 400,000-700,000 B/D In 1998-1999, Says PIRA
- Yemen Signs Production Sharing Agreement With Canada's First Calgary
- EGPC Announces First E&P Bid Round For 1998
- SABIC Acquires Lucky Goldstar's Stake In Ibn Hayyan
- Start Up Of Sharjah Oil Refinery Delayed Till April
- Dubai Investments And Conoco Sign MOU For Feasibility Study For Petroleum Coke Plant
- Sonatrach Subsidiaries Form Fertilizer Company With Spain's Fertiberia
- OPEC's Production and Supply Data
- Netback Values
Financial & Banking News
- Siniora Says Lebanon Is Committed To Stable Exchange Rates And Currency Convertibility
- UAE Government Expenditure In 1998 Provisionally Limited To 1997 Levels
- Yemeni Budget Passed As Structural Reform Bites
- Kuwaiti Premier Rejects Finance Minister's Resignation
- Arab League Sees 10% Tariff Cut On Inter-Arab Trade
- ABC Announces Results Of Strategic Review And Seeks To Expand Regionally
- Gulf Bank Makes Offer For Further Shares In UBK
- Kuwait Announces Plan To Corporatize Telecoms Ministry
- Nile Ratings Agency Licensed In Egypt