Issue 05
Oil News
- UNCERTAINTY PERMEATES OIL MARKET AS OPEC PRICE COMMITTEE PREPARES TO MEET IN QUITO
- Abu Dhabi Reduces Production; but Total UAE output Remains above OPEC Quota
- Abu Dhabi and Oman Raise Prices by 12-20 Cents/B in October
- Iran and Libya Welcome Yamani's Dismissal
- $5/B Price Difference Could Mean 5mn b/d to OPEC by 1990 Says New Study
- Malaysia Supports Higher Prices
- Kuwait Concludes Crude Supply Contracts with Japanese Buyers
- Egypt Raises Oil Prices by 80 Cents/B for 6-20 November
- First Half 1986: Oil and Gas Output Drops 6.5%, Value of Oil Trade Surplus Falls 70%
- Shuttle Tanker Attacked
- Iran Delivers 350,000 Tons of Crude Oil to Syria
- EC Imports of Petroleum from Libya up 5.6% in 1986
- GCC Summit Approves more Private Economic Participation
Financial & Banking News
- Middle East Countries Cut Foreign Bank Deposits by $15bn in First Half
- New Egyptian Forth Tier Effectively Devalues Eœ
- Tunisia Gets $259mn IMF Facility
- KIO Sells Barratt Stake
- Saudis Report Oversubscription to Offset Investment Company
- KFAED Lend $37.7mn to Cyprus and Morocco
- EEC Grants $130mn to Sudan
- Italy Provides $l00mn Soft Loan to Tunisia
- IDA Lends South Yemen $5.6mn