Issue 21
Oil News
- OPEC SUPPLIERS FACE TOUGH DECISIONS ON PRICES
- GCC Oil Ministers Agree on Mutual Assistance for Crude Marketing
- Ecuador Admits Overproduction
- Mexico Adjusts Price Formula for Europe
- US Energy Secretary Opposes Oil Import Tariff
- Syria Imported Only 20,000 b/d from Iran Over Past Year
- Libya Agrees to Supply North Yemen with 15,000 bid of Crude
- No Decision Taken on Liquidation of White Nile Petroleum Company
- Abu Dhabi's Satab Field to Be Commissioned in March
- Umm Shaif/Zakum Development Project Reaches Final Stages
- Sharq's Debottlenecking will Boost Capacity by 10%
- New Study on Pacific Basin Oil Markets Forecasts Shortage of Refining Capacity and Heavy Fuel Oil Surplus; Sees Poor Prospects for Development of Rotterdam Style Trading
- Netback Values
Financial & Banking News
- Brazilian Moratorium Sends Warning Signal to Banks
- Kuwait Central Bank Governor Reveals Pace of Bad Debt Settlement
- ABC Profits But Fee Income Rising
- Samba Profits Halved, Loan Book Slashed
- ATF Notes Crisis of Arab External Debt
- 1987 Algerian Budget Anticipates Further Drop in Oil Revenues