Issue 35
Oil News
- Saudi King Sees Prices Stabilizing at Maximum of $20/B
- Maximum Individual Shareholding in SABIC's Raised to 50S000 Shares
- President Husain Sees Price Collapse as Temporary
- Iraq Criticizes Marketing of Oman and Dubai Crude
- Taqi Says Price Could Reach $20/B at Year End
- Iraq Invites Bids for Phase Two of Iraq-Saudi Arabia Pipeline
- Iraq Attacks Iranian Shuttle Tanker
- Abu Dhabi and Oman Raise Prices by Around $1/B for May
- Algerian Media Continue Attacks on OPEC Majority
- Egypt Reduces Oil Prices by 50 Cents/B from 1 June
- Iran Boosts Oil Exports in June
- Five Consortia to Bid for the Construction of North Yemen's Crude Oil Export Pipeline
- Elf/Aquitaine Resumes Drilling Operations in South Yemen
- EEC Imposes 13% Tariff on Bahraini Methanol
- EEC Body Believes Oil Price Will Remain at $15/B Until l990
- Angola Pledges Cooperation with OPEC
- Publications Received
Financial & Banking News
- Arab Borrowers Raise $2.2bn, Breathing Life into Markets
- Franco-Iranian Loan Negotiations Pick Up
- MEB Recapitalizes to Cover Loan Losses
- BKME Results Better Than Expected
- Saudis Devalue 2.7%
- KSE To List Foreign Companies
- KFAED Lends $48.18bn to Sudan
- IBRD Lends Syria $70bn
- BADEA Lends Tanzania $5bn