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Issue 05

Oil News

  • Yamani Says Oil Price War Appears Likely Next Year
  • Otaiba Reiterates views on Oil Price Dangers: Reactions Vary
  • Venezuela Matches Mexico's 40-Cent Reduction in Extra Heavy Crude Prices
  • Nigeria Suspends Barter Deals
  • Ecuadorian President Says Adherence to OPEC Quota Would Topple Government
  • IEA Sees Rebound in 3Q and 4Q CPE Crude Exports
  • Iraqi Attacks on Iranian Economic Targets Continue
  • Oman Will Endeavor to Hold Down Production at 500,000 b/d during Next Five Years
  • Oman Reduces Contract Crude Price by $0.171B for October
  • South Korean Firm Awarded Electricity Contract
  • Bunduq Production Expected to Rise to 32,000 b/d by mid-1986
  • Jordan Studies 50,000 b/d Oil Shale Plant
  • New Appointments in Ministry of Oil and Industry
  • Danish Firm Awarded Gypsum Plant Contract
  • Publications Received

Financial & Banking News

  • Big Drop in Government Land Purchases in Kuwait
  • MoF Shareholding in KREIC Rises to 78% 
  • BIS Detects Slight Decline in Oil Exporters' Foreign Assets
  • NIC Buys 10% of ARESCON
  • Gulf Fisheries Sells Remaining
  • Abu Dhabi Considers T-Bill Issues
  • Moroccan Bond Issue Oversubscribed
  • Samba Signs SR150mn
  • IDB Lends Turkey $20mn for Crude Oil Purchases
  • IBRD Lends Oman $30mn for Highway/title>
  • ADF Lends $27mn for Somalian Agricultural Schemes
  • WFP Provides $17-5 to Jordan
  • FAO Grants $3.4mn to Egypt

The Political Scene

  • The Middle East Situation
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