Issue 06
Oil News
- OPEC Production Reaches 23.85Mn B/D In October
- IEA Boosts 3Q 1991 Demand Estimates
- OPEC Basket Price Rises to $20.43/B in October
- No Change in Saudi Price Formulas for December
- Abu Dhabi and Oman Raise Prices in October by 80-98 Cents/B
- No Change in Qatar Price Formula for October
- Samarec Raises November LPG Prices
- Iraq Not Interested in Implementing UN Resolution on Oil Sales, Says Anbari
- Husain Kamil Hasan Removed from Cabinet
- Iranian Output Slightly Higher in October
- Iran and Pakistan Invite Bids for Refinery Feasibility Study
- Kuwait to Take Delivery of Four VLCCs and Two LPG Carriers
- Kuwait Celebrates Recapping of Last Burning Oil Well
- More Saudi Investors Participate in Yemen Oil Search
- Algeria's Oil Law Amendments Approach Parliamentary Decision
- Algerian and Italian Firms Initial New Petrochemical Joint Venture
- Oilinvest Expands Downstream Investments into Hungary and France
- EC Retains Sanctions against Libya
- Harken Energy Will Spud First Well in Bahrain's Offshore Waters Shortly
- Singapore Firm Completes Accommodation Modules for Qatar's Offshore Fields
- ICEED to Hold Two Conferences Next April
- Netback Values
Financial & Banking News
- Gabandi Says Kuwait Has Settled its Desert Storm Obligations
- US Stands to Make $800mn Profit from Gulf War Contributions
- Iran's Central Bank Says Riyal now Convertible with Gulf Currencies
- Bahrain Names Shareholders for New Development Bank
- Business Bank Acquires BCCI Branches in Jordan
- Jordan Adjusts Taxes, Attempts Economic Restructuring
- KIO Buys 4.9% of Indonesia's Bakrie Brothers
- OFID Signs Loan Agreements Worth $85.24mn