Issue 47
Oil News
- OPEC Supply Increase Seems Assured Regardless Of Outcome of Vienna Meeting
- OPEC Producers Should Help Offset World Oil Shortfall, Says NazerĀ
- Iran Opposes Increasing Oil Production and Extraordinary OPEC Meeting
- Indonesia Proposes Meeting of Six-Member Consultative Group
- Nigeria Claims Adherence to OPEC Quota and Opposes Unilateral Actions
- Kuwait Calls on OPEC to Increase Oil Production
- Iraqi Press Reminds Europe and Japan of Oil Reliance
- Saudi Arabia Boosts Saudi Crude Availability to Japan
- Saudi Arabia Declares Force Majeure on September Deliveries of Middle Distillates to Far East
- Venezuela Starts Production Increase
- US Reluctant to Release Strategic Stocks to Dampen Oil Supply Crisis
- OPEC Secretariat Reckons Existing Commercial Stocks Can Withstand 171 Days of Iraq/Kuwait Supply Disruption
- Russian Federation Says It Wants To Join OPEC
- Malaysia May Raise Oil Production if Gulf Crisis Persists
- Jordan to Receive Saudi Oil in September via Tapline
- Iraqi Oil Exports Halted by UN Sanctions
- OPEC Basket Price Rises to $15.68/B in July
- Egypt Raises Oil Prices by $6.25/B
- Aghazadeh Inaugurates New Petrochemical Plant in Azerbaijan
- Iran Gas Strike in Caspian Sea Suggests Large Reserve
- Iran Sells 1.95mn Barrels of Crude to Thailand
Financial & Banking News
- Tension Eases in Bahrain as Banks Adjust to Changed Circumstances
- Kuwaitis Move Quickly to Manage Finance from London
- Middle East Faces Up to Economic Consequences of Gulf Crisis
- BIS Figures Show Industrialized Nations Exposure to Kuwait and Iraq