Issue 30
Oil News
- SAUDI ARABIA GIVES PRICE DISCOUNT TO REVIVE FLAGGING OIL SALES
- OPEC Ministers Pursue Contacts with Non-OPEC Exporters
- US Energy Department Report Sees Oil Prices rising to $25- 32/B in 1995
- Iran May Raise Oil Output
- Iranian Product Tanker Attacked; US Cargo Vessel Inspected
- Japanese Customers Boost Term Contract Purchases of Abu Dhabi Crude
- ADCO Logs Higher Reserves in 1985
- DPC Drills 26 Development Wells in 1985
- Algeria Cuts 1986 Budget Expenditures by 20%
- Algeria Barters Crude with Sierra Leone
- No Oil Exports in Second Half of April
- Oil Ministry Reconsiders Development of New Oilfields
- Saudi Exports of Crude and Products to US Surge in January
- Braspetro Abandons Concession in Mursuk Basin
- Bahrain-Qatar Border Dispute Erupts Again
- Kuwait Plans Large-Scale Importation of Water from Iraq
- Japan Imports over lmn b/d of Spot Crude in 1985
Financial & Banking News
- UAE BANKS FACE INTEREST DILEMMA
- NBAD Profits Plummet Despite Heavy Government Lending
- Politics Dominate Kuwaiti Financial Scene
- Alahli Bank to Raise Capital, Remove Director
- UBK to Raise Capital
- IDB Lends Algeria $25mn, Allocates $70mn for Muslim communities
- KFAED Lends $22.5mn for Turkish Rail Project
- Egypt Receives $122mn in Aid from West Germany
- EEC Approves $38Omn in Agricultural Loans to Tunisia
- Japan Grants $21.5mn to Egypt and Sudan
- US Offers North Yemen More Food Aid