Issue 01
Oil News
- SAUDI PRODUCTION UPSWING LIKELY TO CONCENTRATE OPEC MINDS
- Saudi Arabia Warns It Will Not Freeze Production While Others Boost Output
- Subroto Warns that Breakdown of OPEC Discipline Could Lead to Price Collapse
- Iran Blames GCC States
- Venezuela Warns on Debt Repayments
- Nigeria May Be Forced to Raise Output
- Kartasasmita in Favor of Extraordinary OPEC Meeting
- Norway May Abandon Production Cuts If OPEC Fails to Get its Act Together
- Three Candidates Nominated for Deputy Secretary General
- Meeting of OPEC Technical Experts on Definitions Set for 20 November
- Oman Suspends PDO Pricing; Sets Provisional Price of $11.50/B for September
- Three Japanese Buyers Sign Up for 67,000 b/d of Iranian Crude for 4Q Delivery
- Egypt Reduces Oil Prices by $1.00/B for First Half of October
- IEA Puts OPEC Crude Output at 20mn b/d in September
- Economic Reforms Lead to State of Siege
- Export Pipeline Construction Underway
- Iraq Raises Oil Flow Through Turkish Pipeline
- Diversion of Shatt al-'Arab Under Study
- Chalabi Visits Indonesia and Malaysia
- Bonn Appoints Ambassador in Tripoli; NOC Opens Subsidiary in Duesseldorf
- Libya and Turkey Sign Economic Protocol; Oil Payments to be Increased
- PDO Announces Two Oil Discoveries
- Oil Production Averages 856,294 B/D in lQ 1988
- Gasunie Study Advocates Utilization of North Yemen's Gas Resources Locally
- Saudi Arabia Confirms Sabotage at SADAF Jubail Plant
- SABIC's Ibn Zahr Exports First Shipment of MTBE
- Bahrain Iron Pelletizing Plant to Resume production Shortly
- Arco Dubai to Drill New Well Shortly
- Lasmo Acquires 20% Interest in Total's Bishri Concession
- OAPEC Will Hold Meeting in Vienna
- Publications Received
- Netback Values
Financial & Banking News
- BRITISH GOVERNMENT ORDERS KIO TO REDUCE BP STAKE TO 9.9%
- KIO Discloses 5% Stake in Britain's Midland Bank
- KIO's Spanish Subsidiary Blacklisted
- Al Saudi Banque Rescue Leaves Indosuez in Charge
- Lebanese Central Bank Continues Despite Political Turmoil
- Kuwait Sticks to Replacement T-Bills
- KFAED to Increase Paid-up Capital
- Canada Extends C$13.23mn to Morocco and Jordan
- IFAD Lends $36.51n to Three Arab Countries
- OFID Approves $14.37mn in New Loans and Grants
- BADEA Lends Lesotho $10mn