Issue 05
Oil News
- Saudi Arabia Cuts Production To Below 4Mn B/D
- Market Still Uncertain About OPEC Price Stabilization Plan
- Steeg Says Differentials Remain Key Market Issue
- Saudi Export Mix Represents "True Economic Marker Crude," Says Shell Official
- Venezuela Will Take Full Geneva Cut out of Exports
- Gharazi Says Production Cuts Not Enough
- Condensate Down 50 Cents for November
- Dubai's Margham Field Goes on Stream
- Occidental/Gulf Put Seventh Well on Production in Safah Field
- Oman Plans Large Scale Power/Desalination Plant Costing $408mn
- Santa Fe Buys Oxy's Geothermal Energy Interests
- Cabinet Reshuffle in Jordan: Minister of Energy Appointed
- Gulf States Must Agree on Price for Gas Before Engineering Work Can Begin on Projected Gas Grid
Financial & Banking News
- Egyptian Investors Take Stake in UK Retail Group
- Bahrain Gains One, Loses One OBU
- Syrian-Jordanian Bank Plans Restructuring
- NBO Increases Capital to $43mnÂ
- Chambers of Commerce Call for UAE Remittance RestrictionsÂ
- LOANS AND ISSUES
- IDB Lends $10mn to Bangladesh
- US Grants Agricultural Credits to Morocco and Egypt