Issue 48
Oil News
- SPECULATION MOUNTS ON REPORTED SAUDI NETBACK SALES TO ARAMCO MAJORS
- Increase in Nigerian Equity Margin Under Negotiation
- OPEC Conference Confirmed for 3 October
- Iraq Continues Attacks on Kharg, Iran Retaliates
- Loadings of Basrah Light at Yanbu' Not Expected Till October
- Italian/Turkish Group Wins Iraqi Section of Second Pipeline Contract
- Iranian Refineries Running 720,000 b/d
- Pakistan to Double Imports of Iranian Oil
- Marubeni Signs Agreement for Participation in North Gas Field Project
- September Oil Prices Raised 25-40 Cents/B
- Kandil Retains Oil Portfolio in Cabinet Reshuffle
- Deliveries of Debt Repayment Crude to Italy in Suspense
- Banagas to Expand LPG Plant
- Lloyds Bank Economist Says UK Should Restrict North Sea Output
- Haas Appointed Head of Pemex European Office
Financial & Banking News
- More Saudi Banks Report Declining Profits
- BBK Reports 36.5% Drop in Mid-Year Profits
- MEFG Completes Takeover of AAB in Bahrain
- Draft Lebanese Law Proposes Bank Rescue Measures
- Bank of Nova Scotia Pulls Out of Lebanon
- Strong Arab Backing for Pakistan Loan
- BADEA Provides $88mn in 1984
- KPAFD Lends $5mn to Guinea-Bissau
- IBRD and IDA Lend $45mn to Jordan and Sudan
- US Grants Tunisia $9mn
- Japanese Aid to North Yemen