Issue 48
Oil News
- OPEC's Vienna Agreement Should Go Far To Defuse Oil Supply Crisis
- Saudi Production Expected to Average 7.65mn b/d in September
- UAE Production Expected to Rise to 2mn b/d in September
- Venezuelan Production to Rise by 500,000 b/d by Year-End
- Developing Countries Make Up for Lost Iraq/Kuwait Supplies
- Yemen Declares Force Majeure on September Crude Oil Deliveries
- TransMediterranean Pipeline Expansion Planned for Year End
- Egypt to Seek Rebids for North Sinai Acreage
- Saudi Arabia and Turkey Sign LPG Supply Agreement
- Chiyoda Awarded Letter of Intent for SAFCO's Fertilizer Plant
- US Crude Oil Imports Averaged 6.2mn b/d in 1H90
- UASC Decides to Reflag Ships and Move Headquarters to Dubai
- Publications Received
Financial & Banking News
- Kuwaiti Banks Abroad Have Full Support of Finance Minister and Central Bank
- Central Bank of Kuwait Arranges Support for Kuwaitis Stranded Abroad
- US Treasury Revises Blocking Orders on Kuwaiti Banks
- Budgetary Considerations Loom in Gulf Crisis
- Crisis Destroys Egypt's Revenue Projections
- Jordan Estimates Cost of Crisis at $1.56bn
- Iran Reports Increase in Foreign Exchange Reserves