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Issue 20

Oil News

  • GULF OIL MINISTERS TO MEET AGAIN AS OIL MARKET DETERIORATES STILL FURTHER
  • OPEC Differentials Committee May Meet on 31 March/1 April
  • Dubai Agrees to Cut Output by 10%
  • Abu Dhabi Sets Official Price for Upper Zakum at $17.30/B
  • Egypt Cuts Prices 35-60 Cents/B for Second Half of February
  • Mexico Raises Prices to Europe by 40-50 Cents/B Effective 1 March
  • US Import Fee would Affect Venezuela's Debt Repayment Says Grisanti
  • BP Chairman Backs OPEC Strategy
  • Egypt May Have Oil Trade Deficit of $1.4bn by 1991-92
  • Zamil Sees Rising Saudi Petrochemical Exports to Europe, Despite EEC Tariffs
  • Kuwait Raises LPG Prices
  • Six Non-Ministerial Members Appointed to Supreme Petroleum Council
  • Syria Plans to Raise Output of Light Crude to 1000,000 b/d in 1988
  • EGPC Board Expanded
  • Dubal's Exports Rise 3.3% in 1986
  • Oil Discovery in Tunisia
  • Middle East Producers Retain Share in Declining Japanese Market
  • Publications Received
  • Netback Values

Financial & Banking News

  • NCB Tops Rankings of Arab Bond Houses
  • GCC Currency Alignment Takes a Further Step Forward
  • Saudi Arabia and Jordan Set Up Investment Company
  • Egypt Agrees on Draft Letter of Intent for IMF
  • Five Loans Syndicated for early Year Business
  • IDB Approves Tunisian Loans, Disburses Jordanian Loan
  • KFAED Lends $8mn to South Yemen
  • Other Aid Flows

The Political Scene

  • The Middle East Situation
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