Issue 45
Oil News
- OPEC May Have To Reckon With Some 600,000 B/D Of New Iraqi-Kuwaiti Supply In 4Q
- OPEC Production Hits 23.3Mn B/D In July
- Resumption of Iraqi Oil Exports by 4Q Is Now Realistic Prospect
- IEA Forecasts Winter Demand Pickup
- OPEC Basket Price Increases to $18.20/B in July
- Saudi Aramco Reduces September Price of Arabian Heavy to US and Europe
- Oman Raises Price for July by 77 Cents/B
- No Change in Qatar Price Formula for July
- World Bank Lends Sonatrach $100mn to Assist in New Oil Policy Drive
- Yemen Announces Big Oil Strike by CanadianOxy
- Aghazadeh Puts Iran's Production at 3.5mn b/d
- QGPC Starts Production from North Gas Field
- Quality Uncertainties Delay Kuwait Crude Sales
- KOC Signs Fire-Fighting Contract with Rompetrol
- Shuwaikh Port Reopened
- SABIC's First Half Profits Rise
- Samarec Details Consumption of Products during Gulf Crisis
- Saudi Firms to Build Lead Recovery Plant
- Saudi Aramco Awards Saipem Pipeline Contracts
- Mubarak Inaugurates Abu Qir II Fertilizer Plant
- Publications Received
- Netback Values
Financial & Banking News
- Bankers Trust and JP Morgan Win Loan Mandate for Oman
- Apicorp Wins Ibn Zahr Financial Advisory Contract; Loan Mandate Soon
- Series of Local Financings Tests Saudi Banks
- US' Prudential Securities to Offer Algerian Debt Restructuring Plan
- Bahrain Posts Balance of Payments Deficit for 1990
- Luxembourg Demand Puts Abu Dhabi on the Spot
- Bahrain's Offshore Banking Assets Fell by 17.5% Last Year
- Iraq Replaces Senior Banking Officials, Opens Way to Privately Owned Banks
- ALUBAF-Bahrain to Hold Annual Meetings and Decide on Capital Increase
- Muhammad al-Mu'ammar to Leave GIB
- Saudi Arabia and Kuwait Have Yet to Fulfill Commitments to US War Efforts
- Iraq Begins Returning Gold Stolen From Kuwait