Issue 33
Oil News
- ABU DHABI CUTS PRODUCTION AS FROM 15 MAY
- Japanese Buyers Pay 0SP Minus 96 Cents/B for May Deliveries of Indonesian Crude
- Massive Iraqi Attack on Larak Provokes Retaliation by Iran, but Oil Flow Is not Affected
- Venezuelan Oil Minister Criticizes Negative Outcome of Vienna Meeting
- Latin American Oil Ministers Hail OPEC/Non-OPEC Dialogue
- Newsletter Explains Soviet Aloofness from Non-OPEC Output Cutback Offer
- Breakdown of Official Price Structure Could Promote Instability Says Petro Finance
- Oil MInisters Hold Talks on Joint Area
- More Details from Aramco's 1987 Annual Report
- 1987: 21 Oil and Gas Discoveries, 12 New Fields Put into Production
- Egypt Realizes an Export Price of $16.45/B in 1987
- Oil Prices Remain Unchanged for Second Half of May
- Egypt Signs New Oil and Gas Agreements with Britoil and Unocal
- ENPPI Awarded Management Contract for Abu Maadi Gas Expansion Project
- 33.3-40% Hike in Gasoline Prices
Financial & Banking News
- Crisis In Egypt Over Islamic Investment Companies Deepens
- SIB Halves Loan Portfolio, Declares $65mn Loss
- ARCCEC Made $8mn Profit in 1987
- KIO Clears Spanish Bank Merger
- Bank of England Identifies $473bn In OPEC Investments