Issue 31
Oil News
- AFTER VIENNA DEADLOCK OPEC FACES CRUCIAL DECISIONS ON MAJOR ISSUES
- OPEC Auditors to Start Second Round of Monitoring Visits on 23 May
- Iraq Builds Second Strategic Pipeline
- OPEC and Non-OPEC Officials Hopeful that Agreement Can Be Reached
- OECD Demand Grows 1.7% in First Quarter
- Swedish Contractor for Saudi Oil Storage Project Sold
- Agreement Reached on Disputed Border Area
- North Yemen's Production May Rise to 400,000 b/d in Next Two Years
- Mubarak Warns of Stoppage of Hydroelectric Power by July
- Oil Prices Remain Unchanged for first Half of May
- Suez Canal Transits and Cargo Down, Revenue Up in 1987
- Parliament Approves Concesssion Agreements with Enron and Occidental
- UAE and USSR Consider Oil Swap Accord
- AOC Production Up 6.0% In 1987
- Note
- Netback Values
Financial & Banking News
- Saudi Bank Profit Decline Bottoms Out in 1987
- Riyad Bank Reports Higher 1987 Profits
- Losses Hit UBAF Group
- Saudi Hollandi Doubles Q1 Profits
- AGICO Profits Fall
- KIO Stake in BP Referred to UK Monopolies Commission
- Saudi British Bank Sues AAA over Rescheduling Default