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Issue 36

Oil News

  • Saudi Production Policy Remains Unchanged Despite July Price Cuts
  • Crude Sharp Reductions in Saudi Crude Price Formulas for July Prices
  • OPEC Basket Price Average Drops to $15.45/B in May
  • Abu Dhabi and Oman Raise Assessment Prices for May
  • Saudi Oil Minister Renews Adherence to OPEC Quota
  • Kuwait also Affirms Quota Observance
  • Saudi Arabia and France Sign Offset Agreement
  • US to Sell Saudi Arabia $4bn Worth of Arms
  • Star Enterprise Approves Upgrading of Port Arthur Refinery
  • Aden Refinery's Throughput to Rise to 115,000 b/d in July
  • New Appointments in Yemen
  • Oilinvest Wins Bid for Gatoil Swiss Holdings; Competitors Challenge Ruling
  • Turkey Not Taking Water Issue Seriously, Says Chalabi
  • India Lifts 45,000 b/d of Iraqi Crude in 1990
  • EC Petroleum Imports Up 5.8%
  • May OPEC Output Still over Ceiling Says IEA
  • Japex Oman to Commission Daleel Field in July
  • PDO's Rig Fleet Hits Record High
  • Egypt to Produce 52.5Mn Tons of Oil and Gas in 1990-91
  • Shiraz Methanol Plant Comes on Stream
  • New Member Appointed to KPC's Board of Directors
  • Netback Values

Financial & Banking News

  • Iraq's GDP Dips after Years of Steady Growth
  • Bahrain's Budget Deficit Narrows in 1989
  • Arab OPEC Assets Show Big Increases
  • GIB Likely to Become Main Arab Shareholder in BAII
  • Iranian Minister Denies Plans to Devalue Riya
  • Arab Summit Pledges More Aid to Jordan
  • Jordan and Egypt Plan to Issue Foreign Currency Bonds
  • Jameel Group Takes Control of UK Car Distributor

The Political Scene

  • The Political Scene
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