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Issue 40

Oil News

  • SAUDI ARABIA DENIES PLAN TO RAISE OUTPUT TO 9MN B/D
  • OPEC IN SUSPENSE TILL 22 JULY
  • MEXICO REDUCES PRICES
  • IRAQ PLANS TO START FILLING NEW IRAQI-SAUDI PIPELINE IN AUGUST
  • King Fahd Affirms Saudi Support for OPEC
  • Gharazi Says Saudi Warning Is "Timely"
  • Libya Reduces Production in June
  • OMV Pays $120mn for Part of Occidental's Equity Interest
  • Iraq Attacks Two Iranian Shuttle Tankers
  • IPIC Studies Offers to Participate in US and Japanese Refineries
  • Egypt Maintains Output at 870,000 b/d but Plans to Boost Oil Receipts by Raising Exports
  • SAFCO Produces 350,650 Tons of Fertilisers in 1984
  • NIC to Set up Service Affiliate
  • IEA Members Agree to Common Approach on Products Imports
  • GPIC's Ammonia/Methanol Plant Commissioned
  • AISCO'S Iron Pellet Plant Restarted After Two Months' Shut-down

Financial & Banking News

  • Lebanese Debt Soars But Fores Reserves Improve
  • UAE Banks Licensed for Share Dealing
  • Three K's Take Heavy 1984 Losses
  • Al-Hamad Elected as Chairman of Arab Fund
  • KuWait Considers Halting Assistance to Frontline States
  • Saudi Arabia Renews Oil Assistance to Sudan
  • KFAED Lends $23mn to China and Uganda
  • IDB Finances Tunisian Trade Operation
  • Switzerland Lends Jordan $23Mn
  • EIB Supports Tunisian Fishing Project

The Political Scene

  • The Middle East Situation

Op-Ed & Documents

  • POST-OPEC PRESS CONFERENCES
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