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Issue 37

Oil News

  • Saudi Oil Price Policy In Perspective
  • Appointment Of New Secretary General Will Top OPEC Agenda In Vienna
  • OPEC Secretariat Warns of 2Q/3Q Stockbuild But Sees Tight 4Q
  • Turkey's Pipeline Flushing Plan Not Done Deal Yet; Scheme Calls For Pumping 150,000 B/D Over Six Months
  • Saudi Aramco's July Price Terms Disappoint Most US Buyers
  • OPEC Basket Price Rises To $15.72/B In May
  • Iran Hikes Price Formula For 3Q
  • Oman Raises May Crude Price By $0.85/B
  • Qatar Reduces May Price Formulas By $0.07/B
  • War Risk Insurance Premium Applied To Bab al-Mandab Transit
  • Aden Refinery Shuts Down Following Damage To Storage Tanks The 170,000 b/d
  • Aramco Third Quarter 1994 LPG Contract Extensions
  • Omani Official Outlines Parameters Of New Spot Sales Restrictions
  • Little Change To IEA's Demand Projections, FSU Exports Up Significantly
  • Iranian Output Up In May But Still Below Quota
  • Sharjah To Supply More Gas To Northern Emirates
  • Sidqi Field Resumes Production
  • Netback Values

Financial & Banking News

  • Lazard Sounds Out Banks On Rescheduling Algerian Bank Debt, But Deal Is Financing Some Way Off
  • King Fahd Rebuffs Criticism Of Saudi Economy, Supports Privatization
  • Rafsanjani Treads Carefully On Subsidies Issue
  • Qatar To Maintain Project Spending Despite Budget Cutbacks
  • Bahrain Opens Up Stock Market To Foreigners, Local Companies Raise Capital
  • UBAF-France Strengthens Balance Sheet With Major Capital Injection

The Political Scene

  • The Political Scene (13 June 1994)
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