Issue 07
Oil News
- Sanctions Leave Status of US Oil Companies in Doubt
- Iran Attacks Two Kuwait-Bound Ships; Iraq Bombs Ahwaz Oil Facilities
- Mousavi Says OPEC Should Break $20/B Barrier
- Venezuelan Oil Minister Sees No Need for OPEC Output Cutback
- Shakshuki Says Output Cut Necessary to Reach $18/B
- Quito Decision Unanimous Says Kuwait Minister
- New Price Formula for All Customers
- Egypt Invites Bids for Western Desert Onshore and Offshore Acreage
- Kandil Inaugurates Melehia-Hamra Pipeline
- Egypt Raises Oil Prices by $1.45-1.60/B for 21-30 November
- Elf/Aquitaine to Acquire 50% Equity Interest in Hunt's Offshore Concession
- Japex Oman Strikes Oil in Second Wildcat in Wadi Aswad Region
- Petromin Favors Collective Negotiation of Saudi LPG Export Price to Japan
- North Yemen to Receive Gift of Saudi Fertilizers
- PIC to Export 400,000 Tons of Urea to China
- Oil Debts Compound Lebanon's Economic Problems
- Car Kits Deal at a Standstill
- US Renews Purchases of Mexican Crude for SPR
- Petro-Canda to Explore Onshore and Offshore
- Publications Received
Financial & Banking News
- Moroccan Deficit to Increase Sharply
- Lebanese Currency Collapses again
- UAE Adopts New Measures to Raise Revenue
- Egyptian Investment Companies under Attack
- Solutions in Sight for Iranian Funds in France, US
- Arab Banks Co-manage 14 Bond Issues
- OFID Approves $55.73mn in Loans and Grants
- KFAED Lends China $7mn for Ceramics Factory
- IDA Lends South Yemen $5.6 for Water Project
- West Germany Provides $45mn in Aid to Morocco
- EIB Lends Jordan $2.62mn