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Issue 52

Oil News

  • OPEC: A GLIMMER OF HOPE AMID THE GLOOM?
  • Gas Reserves Put at 5.5 Trillion Cubic Feet
  • North Yemen Offers 1mn Barrels Spot
  • Texas Court Grants Summary Judgement in Favor of Hunt Oil Company
  • Iraq Expresses Readiness to Join OPEC Discussions
  • Oman Willing to Reduce Output in an OPEC/non-OPEC Deal
  • NIOC Offers Reduced Prices to Japanese Companies
  • Iran to Raise Oil Exports to Brazil to 150,000 b/d
  • Indonesia to Buy Crude from Iran
  • US House Votes Economic Sanctions against Iraq
  • USX Will not Sell Steel Mill to Iraq
  • Joint Area Contains Promising Structure
  • Kuwait Drops Prize Formula to Japanese by 20 Cents/B
  • Algeria and Morocco Agree on Gas Pipeline
  • Netback Values

Financial & Banking News

  • Japanese Debt Proposals Dominate IMF/World Bank Talks
  • Egypt Wins French and German Support on IMF Talks
  • Saudi Trade Surplus Doubled in 1Q 1988
  • Jordan Floats Interest Rates
  • SAMA Allows Retail Investors to By Bonds
  • Japan Lends $303mn to North Yemen and Jordan
  • AMF Lends Egypt and North Yemen $33.8mn
  • IBRD Lends Egypt $36mn

The Political Scene

  • The Middle East Situation

Op-Ed & Documents

  • DOWNSTREAM INVESTMENT BY PRODUCING COUNTRIES: MYTHS, REALITIES & IMPLICATIONS
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