Issue 19
Oil News
- SAUDI PRODUCTION FELL BELOW 3.8MN B/D IN JANUARY
- OPEC MINISTERIAL MEETING PROPOSED FOR 16 MARCH IN GENEVA
- Soviet Oil Exports Fell by 500,000 b/d in 1985
- Venezuela Abandons Official Prices
- Izvestia Attacks West for Oil Price Decline
- Lawson Rejects Opposition Call for Cooperation with OPEC
- Price Fall Revives Interest in US Import Fee
- API Head Says Proposed US Moves Will Help OPEC
- Ecuador Suspends Oil Exports for One Week
- Moderate Increase Seen in Non-OPEC Output
- Iranian Officials Blame Saudi Arabia and Kuwait for Price Fall
- Iranian Oil Exports Running at Around 800,000-900,000 b/d
- IJPC payments Suspended Again
- Egypt Reduces February Oil Prices by $3.20-3.70/B
- Oil and Gas Output Rises 9.2% to 49mn Tons in 1985
- Key Point Still Not Clear in Application of US Oil Measures Against Libya
- New Finance Minister in Cabinet Reshuffle
- Saudi-Kuwaiti War Relief Crude Supplies to Iraq to Be Renewed
- Kuwait and USSR Envisage Oil Exchanges to Service Each Other's Markets
- DNOC Fixes Crude Prices for January under New Market Related Formula
- SABIC Plans more Industrial Projects
- Japaneae Spot Purchases Fall in 4Q 1985
- Arab Petroleum Services Company Registers Net Profit of $2mn in 1984
Financial & Banking News
- Egyptian Debt Service Threatened by Oil Price Collapse
- Details of 1986 Algerian Budget
- Allied Arab Bank Returns to Profitability
- Investcorp Profits Climb
- Turkish-Saudi Investment Company Established
- Oman Cuts Interest Rates
- UBAN Records $2.6mn Profit
- Another Saudi Corporate Tries Rescheduling
- Albaab Sues Bukhatir in Sharjah
- ABC Mandated for Hyundai NIF
- Saudi Fransi Art Ages Binladen RUF
- Kuwait Lends $31mn to India and China
- IFAD Reaches Refinancing Accord
- IDA Lends $4.3mn to Somalia
- Agfund and OFID Grant $1.45mn