Issue 50

Oil & Gas

• Iraq Seeks Kuwait’s Help To Ease Pain Of Lower Oil Price
• Kufpec China Blocks
• UAE, Kuwait Redefine Oil Marketing
• Saudi Arabia, Kuwait Set For Annual Drilling Record

Transportation

• Israel-Cyprus-EU Gas Pipeline: Talk Hots Up, Action Unlikely

Refining & Petrochemicals

• Algeria Eyes 1Q15 Fertilizer Plant Start Up Amid Chronic Gas Shortage
• Jordan Cuts Handouts

Power & Water

• Data Special: 2014 On Target For Record Gulf Oil Burn

OPEC

• Price Rout Extended As Demand Falls Further Behind Supply
• US Lowers 2015 Output Forecasts, But OPEC Needs More

Geopolitical Risk

• UK Restores Permanent Gulf Presence Amid Escalating ISIS Fight
• Libya: UN Efforts To Mediate Run Into Headwinds
• Deficit Surges To $15bn

Corporate

• Oman Looks To Total’s Offshore Expertise For Output Boost

Economics & Finance

• GCC Ratings Under Pressure From Oil Price Slide
• Iran Cuts Spending Again For 2015-16, But Is It Enough?
• Rohani Reinstates MPO

Op-Ed & Documents

• Iran: Planning A New Mirage

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Gulf Producers Discount Asian OSPs To Multi-Year Low ($/B Vs Oman/Dubai)