Issue 14
Oil News
- KUWAIT REGISTERS $700MN PROFIT ON BP SHARE BUYBACK DEAL
- Saudi Arabia Largely Restores January Volume Cuts for Japanese Customers
- Japanese Buyers Boost Crude Purchases from Iran
- Iraq Increases 1Q Prices for Japan
- Oman/Abu Dhabi Monthly Assessment Prices for December Up by $2.17-2.30/B
- Qatar Proposes Price Formula Increase for January
- Egyptian Oil Prices Raised by 75 Cents/B for First Half of January
- OPEC/Non-OPEC Experts to Meet in late January
- Reagan Rules Out Oil Import Fee
- King Fahd Stresses Importance of OPEC Quota Adherence
- Iraq Reiterates Support for OPEC Agreement
- Right to Inspect Gulf Shipping Disputed by Iran and Iraq
- No Decision Yet on Gas Deliveries to the USSR, Says Aghazadeh
- Iran to Export 2mn Tons of Crude a Year to North Korea
- US Renews Economic Sanctions against Libya
- Private Oil Storage Terminal Inaugurated at Jebel Ali
- PDO Announces New Oil Discoveries
- Work starts on Expansion of Assiut Refinery
- Sonatrach and BHP Sign Joint Venture Agreement
- Sonatrach Announces New Oil Find
- Saudi Ministry Licenses Yanbu' Aluminum Smelter Project
- GIIC's Iron Pelletizing Plant Concludes Supply Contract with Iraq
- QASCO Takes Over Management of Steel Mill
- PIC Plans Joint Venture for the Production of Polypropylene
- GCC to Mediate in Bahrain-Qatar Territorial Dispute
- Netback Values
Financial & Banking News
- Saudi Arabia Forecasts Increased Revenue
- Oman Forecasts $1.1bn Deficit for 1989
- Jordan Trims Spending as Revenues Shrink
- Saudi Arabia Extends Financial Support to the PLO
- AMF Lends $254mn to Iraq, Algeria and Syria
- Economic Assistance to North and South Yemen
- $19mn in OFID Loans and Grants
- France Extends Aid to Egypt and Morocco
- Japan Provides Aid to Three Arab Countries
- IDA Lends Somalia $19mn