Issue 45
Oil News
- SAUDI ARABIA ACTS TO CURB OIL PRODUCTION
- OTHERS TOO GEAR UP FOR OPEC SEPTEMBER OUTPUT CUTBACK
- Iraqi Attack on Sirri Part of Wider Campaign to Disrupt Iran's Military Plans
- Kuwait Prepares Output Cut to 900,000 b/d
- Nigeria Confirms September Cutback to 1.3mn b/d
- Iraq Expects Temporary OPEC Production Agreement Will Be Extended After October
- Otaiba Says Crude Oil Prices Could Rise to $20/B Shortly
- Egypt Raises Oil Prices by $2.75-3.40/B for 1-20 August
- Sumed Throughput Expected to Rise by 50% in 1986
- Brazil Increases Liftings from Iraq to 200,000 b/d
- Petromin Reduces LPG Price
- Two New Lube Additives Plants at Yanbu'
- Maiden Voyage for Saudi Petrochemical Carrier
- Jordan's New Five Year Plan Envisages Investments of $9.7bn
- Lebanese Government Ready to Take Over Zahrani Refinery
- Libya to Export Crude Oil to Sudan Under Trade Exchange Agreement
- Changes in Banoco's Board Announced
- Dubai to Recover All Its Associated Gas
- Publications Received
Financial & Banking News
- Bank Rescue Package finally Unveiled in Kuwait
- $130bn OPEC Assets Invested in EEC
- Libyan Assets in Italy Frozen, Fiat Sale Denied
- Bahraini Stock Market Plans Progress
- Arab States Spent $24bn Servicing Foreign Debt in 1984
- Arab Aid Agencies Extend $703.42mn in January-April
- Agfund Commits $22.7mn in 1984-85
- Humaidhi Appointed Director General of KFAED