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Issue 19

Oil News

  • MARKET DOWNTURN MAY TEST OPEC PRICE STRUCTURE
  • GCC MINISTERS REAFFIRM COMMITMENT TO OPEC AGREEMENT
  • Otaiba Stresses GCC and OPEC Commitment to Geneva Agreement
  • Buchanan-Smith Adamant on UK Non-Intervention
  • More Customers Sign up for Saudi Five-Month Fixed-Price Contracts
  • Saudi Arabia and Britain sign Tornado Deal Training Agreement
  • Distribution of Japanese Purchases of Saudi Crude
  • Iran Signs Processing Deals with Five Companies
  • Libyan Production Averaged Around Quota Level in January
  • Egypt Allocates $11bn for Oil Development in Coming Five-Year Plan
  • Deadline Extended on Bids for Western Desert Onshore/Offshore Acreage
  • Japanese Customers Agree to Pay Official Prices for Qatar crude for February
  • Banagas Expansion Project Approved
  • Balco Registers Profit of $27.6mn in 1986

Financial & Banking News

  • Arab Banks' Syndicated lending Hits Six-Year Low
  • Lebanese Currency Crashes through Psychological Barrier
  • Saudi Fransi Reports Moderate Profit Decline
  • Arlabank Profits Decline again

The Political Scene

  • The Middle East Situation

Op-Ed & Documents

  • KPC'S 1985-86 ANNUAL REPORT
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