Issue 18
Oil News
- Temporary Shutdown Of Saudi Northern Offshore Oilfields Has Not Affected Loading Schedules
- Boussena Attacks IEA Stockdraw Plan; Advocates $25/B Crude Price for Medium Term
- Oil Spills Sweep the Gulf
- 75% of Iraq's Refining Capacity Destroyed, Says British Commander
- Nigeria Lowers Price Formulas for February
- Soviet Oil Production Declines by 740,000 b/d in 1990
- Yemen Authorities Approve Nine Production Sharing Agreements
- CanadianOxy's Oil Strike in the Yemen Flows 3,767 b/d on Initial Test
- Kuwait Government Initiates Reconstruction Plans
- Libya Stops Payments to Turkish Contractors for Ankara's Role in Gulf War
- Jordan Introduces Fuel Rationing
Financial & Banking News
- Iranian Parliament Passes 1991 Budget, Expecting Oil Revenues of $20bn
- Egyptian Prime Minister Gives Details of Unified, Floating, Exchange Rate
- Saudi British Bank Confirms Recovery with Record Profits
- Commercial Bank of Dubai's Profits Rise Again
- Arab Bank Group Maintains Deposits and Shows Increase in Profits
- Jordanian Banks Recouped Deposits after 10% Drop in August/September