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Issue 09

Oil News

  • GLOOMY PROGNOSIS FOR OPEC'S VIENNA CONFERENCE
  • IRAQI OIL MINISTER REAFFIRMS IRAQ'S READINESS TO REDUCE OUTPUT IN RETURN FOR OPEC QUOTA PARITY WITH IRAN
  • IRANIAN DECEMBER DISCOUNTS TO JAPANESE CUSTOMERS NOT YET FINALIZED
  • Iran and Saudi Arabia Trade Accusations over Market Instability
  • Council of Ministers Approves Drastic Budget Cut
  • Iraq Hits More Shuttle Tankers as Kuwait Reopens Deepsea Terminal
  • Iran Boosts Tanker Fleet for Storage and Trading Purposes
  • QGPC Appoints First Boston Corporation as Financial Adviser for North Field Gas Project
  • Amoco Tipped to Win a Symbolic Victory in EGPC Dispute
  • Exploration In offshore Ras al-Khaimah to Start in January
  • Oil Output Averages 898,787 b/d in January-September
  • Oil Prices Remain Unchanged for First Half of December
  • New Geological Map
  • New Board for Jubail/Yanbu Royal Commission
  • PIC Awards Contract for Hydrogen Recovery Unit
  • Lebanon's 1988 Oil Import Bill Estimated at over $500mn
  • New Publication
  • Netback Values

Financial & Banking News

  • Arab Bankers Ponder their Future Role in Capital Markets
  • UAE governor Calls for Public Investment Authority
  • KIO Consolidates Stake in Spanish Bank
  • Second Kuwait Government Issue to Raise KD125mn
  • AREG Reschedules a Further Dh280mn
  • France Hints at Second Repayment of Eurodif Loan
  • Al-Tayir Predicts $681mn Federal UAE Deficit

The Political Scene

  • The Middle East Situation
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