Issue 32
Oil News
- PROSPECTS LOOK BRIGHTER FOR OPEC/NON-OPEC DEAL ON PRODUCTION CONTROL
- JAPANESE BUYERS PRESS FOR FURTHER IMPROVEMENTS IN SAUDI AND IRAQI PRICE TERMS
- Labor Government in Norway Pledges Support for Market Stabilization
- Low Prices Raise Demand and Imports in US
- Mexican Exports Rebound
- Egypt Decides on Two Price Cuts Effective 1 April and 16 May
- Terms of EGPC's New Oil Concession Agreements with Amoco, Conoco and IEOC
- Iran Cuts Back Crude Oil Deliveries to Syria
- US-Iranian Naval Confrontation in the Gulf of Oman; More Oil Targets Attacked
- Libya Boosts Oil Output
- Petromin Reduces May LPG Prices
- New Lube Additives Plant in Saudi Arabia
- More EEC Tariffs on Saudi Petrochemicals
- Saudi Phosphate Deposits May Be Significant
- ADNOC Renews Oil Deal with India
- Sharjah's LPG Plant Starts up
- Oman Inaugurates Lube Oil Blending Plant
- Amoco to Start Exploration in August
- Zarqah Refinery Processes 2.5mn Tons of Crude in 1985
- New Government in Sudan
- OAPEC Statistics for 1983-1984
- East-West Center organizes Oil Conference in Honolulu
- Publications Received
Financial & Banking News
- Moneychanger's Suicide Triggers Jordanian Bank Crisis
- Further Delays on Abulhassan Bankruptcy
- BBK Provisioning Exceeds $163mn
- Arlabank Profits Drop, New Capital Called
- Aresbank Profits Decline
- UAE's GDP, Trade Surplus Decline
- Kuwait May review Investments in West
- Arab Aid Commitments Total $1.6bn in 1985 Committed*
- EIB Lends $41.5mn for Tunisian Agriculture
- KFAED Lends Cyprus $10.5mn for Road Project
- IDB Provides Aid to Pakistan and Burkina Faso