Issue 42
Oil News
- Venezuela Raises Heavy Crude Prices, Imposes Premium on Lighter Crudes
- Lukman Says December Conference Could Raise Prices
- No Market Committee Meeting Says Subroto
- Malaysia Raises Production Ceiling
- Mexico Raises Export Ceiling by 31,000 b/d
- Saudi Arabia Cuts US Majors' Nominations for August by 13.5%
- Petrokemya's Butene-1 Plant Starts Up
- Bridgeton Hits Mine near Farisiyah Island: Iran Escalates Threats Against Gulf Arab States
- Negotiations to Rebuild Osirac Nuclear Reactor
- Second Pipeline to Start Soon
- Oil Prices up 10-40 Cents/B from 15 July
- Kuwait Agrees to Supply Sudan with Crude Oil and Products
- Kuwait Lends Crude to Ecuador
- Libya, Algeria and Tunisia Agree on Gas Pipeline
- East Germany May Buy Iranian Crude
- ADNOC-F0D to Market Lubricating Oils in Bahrain
- Netback Values
Financial & Banking News
- Saudi Cumulative Budget Deficit Reaches $47bn by end-1986
- GIB Takes Provisions and Slashes Profits by 38%
- FAB Buys Pharaon Banks First American
- Almashrek Buys Second Swiss Bank
- AMF Lends $119mn in 1986
- Arabs Transfer $2.2bn to Occupied Territories
- World Bank Lends Tunisia $30mn
- IDB Lends Tunisia $5mn
- WFP Grants Lebanon $5mn
- Japan Lends North Yemen $6.5mn