Issue 14
Oil News
- OPEC Basket Price Rose by Over $3/B in 1989
- Latest Prices for Libya, Nigeria, Indonesia, UAE, Oman, Qatar, Syria and Egypt
- King Fahd Looks to Higher Quota
- Kuwait and Indonesia Agree on Price Moderation
- Lukman Appointed Foreign Minister
- OECD Sees Call on OPEC Rising to 24mn b/d in 1991
- EEC Hydropower Output Down by 300,000 b/d
- November Stockbuild Reaches 666,000 b/d
- KPC to Set Up 200 Q-8 Gas Stations in Thailand
- KOTC'S Profits Rise by 150% to $55mn in FY1988-89
- IPSA-2 to Be Inaugurated This Week; More Berths Repaired at al-Bakr
- Bouri Field Producing at 60,000 b/d
- FPC Ties in Small Fields to Maintain Current Output Level
- Threefold Increase in NIC's 1988 Net Profit
- Explosion on Khark 5 Causes Pollution Threat for Morocco
- Suez Canal Earns Record $1,383mn in 1989
- ASRY's Profits Expected to Rise to $10mn in 1989
- Netback Values
Financial & Banking News
- Saudi Deficit Financing Continues in 1990
- Oman Trims 1990 Deficit on Higher Revenue Expectations
- KIO to Buy Out Remainder of Torras
- Saudi European Bank Sold to Bouygues