Issue 32
Oil News
- OPEC Registers Further Output Reduction In April But Remains 500,000 B/D Above Quota
- Iranian Output Down To 3.6Mn B/D In April
- No Change In US Oil Policy Towards Iran
- Financial Troubles Threaten Construction Of Khorasan Fertilizer Plant
- OPEC Basket Price Averaged $18.11/B In April
- Saudi Aramco Reduces June Crude Prices To US And Europe
- Abu Dhabi And Oman Prices For April
- Libya Plans To Direct Investments To Asia, Says Muntasir
- Agreement Imminent With Repsol For Development Of Murzuk Field
- Surge In Yemeni Exploration Activities During Next Twelve Months
- OPEC Conference Venue Changed To Geneva: Committee To Meet May 10
- Nigeria Cuts Oil Production By 180,000 B/D, Says Asiodu
- Iraq Invalidates Old Banknotes And Closes Border: Oil Flow To Jordan To Continue
- IEA Projects Increasing World Reliance On OPEC Oil
- IMF Outlook On Oil Demand And Supply In The Medium Term
- US Oil Production Down 5.3% In 1Q93
- Bahrain Issues Decree Defining Width Of Territorial Waters
- ADOC's Output From Offshore Abu Dhabi Averages 25,000 B/D
- Gulf Interstate Awarded Oil Concession In Russia; Opens Office In Poland
- Sun Company to Pull Out Of Dubai Concession
- QEWC Invites Bids For New Power Generation/Desalination Plant
- Algerian Fundamentalists Planned To Bomb Transmed Pipeline
- Arabian Shield Awarded Gold Mining Concession
Financial & Banking News
- Rudhan Projects Conservative Oil Revenue At $8.6bn/Year Until 1996/97
- Adeli Reviews Iran's Economic Performance
- Egypt's Foreign Debt Shrinks By $15.3bn
- Egyptian Draft Budget Projects 4.5% Increase In Spending
- Morocco's Foreign Exchange Reserves Increase During 1992, But So Does Trade Deficit
- ABC Launches Global Recovery Fund
- Oman And UAE Form Joint Investment Company