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Issue 23

Oil News

  • ABU DHABI OFFERS PRICE COMPENSATION TO TERM CUSTOMERS ON DECEMBER-FEBRUARY LIFTINGS
  • EXTRAORDINARY OPEC MEETING LOOKS UNLIKELY
  • Indonesia and Nigeria See Pitfalls in Price Committee Meeting
  • IEA Sees No 4Q 1987 Stockdraw in OECD
  • North Yemen Sells 67,000 b/d Government Crude for Second Quarter
  • Iran Boosts Product Imports after Air Strikes on Refineries
  • Iraq Attacks Shuttle Tanker
  • PDO Makes New Discovery with Thamud No. 1 in South Oman
  • KPI's Italian Subsidiary to Buy Montedison's Lubricants Unit
  • Gas Discovery Spurs Modest Hopes
  • SABIC's Marketing Chief Expects Sales Growth to Continue beyond 1988
  • EER Studies Outlook for Non-OPEC Oil Supplies
  • New Publications
  • Netback Values

Financial & Banking News

  • UAE Not Considering Borrowing
  • Revenues and Expenditures Rise in 1988 Algerian Budget
  • KIO wins Control of ERT, Buys Spanish Insurer
  • Egyptian Law on Investment Companies Postponed
  • BIB Rids Itself of KBDC Deal
  • Credit Suisse to Pull Out of Lebanon
  • Riyad Bank to Quadruple CapitalRiyad Bank to Quadruple Capital
  • Sixth Kuwaiti Government Issue Oversubscribed
  • TUPRAS Deals to Raise $250mn
  • USAID Allocates $977mn in Economic Aid to Arab States in FY1988
  • Arabs Grant $43bn In Emergency Aid to Occupied Territories
  • KFAED Lends China $l8.27mn
  • AMF Lends Jordan $8mn
  • France Lends South Yemen $32mn

The Political Scene

  • The Middle East Situation
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