Issue 05
Oil News
- IEA Forecasts Oil Consumption Will Start Falling Again Next Year
- Iraq Cancels Fuel Rationing; Oil Minister Dismissed
- Iraqi Oil Exports to the US Peaked in August
- OPEC Basket Price Rises to $34.58/B in October
- Venezuela Reluctant to Return to OPEC Quota After Gulf Crisis, Says Sosa Pietri
- Libyan Price Formula for November
- Algerian Contract Prices for November
- Egypt Raises Prices by $6.00/B
- Qatar Raises November Price Formula by 20 Cents/B
- Eastern Europe Hit by Declining Soviet Oil Production and Gulf Crisis
- Japan Plans 20% Cut in Oil Dependence by 2010
- European Community Members Unreceptive to Commission's Energy Crisis Plan
- Kandil Predicts Oil Earnings of $2Bn in FY 1990-91
- Gupco Discovers Oil at Abu Zenima
- Enagas Pledges to Purchase Algerian Gas from Western Pipeline
- Qatar to Begin Maintenance of Offshore
- Iran to Supply Sri Lanka with 120,000 Tons of Crude
Financial & Banking News
- US Congress Agrees Details of Egyptian Debt Write Off
- Jordanian Officials Warn of Impending Economic Collapse
- Faysal Islamic Signs $100mn Murabahah, Presses Ahead with Gulf Air $370mn
- NBK to Clear Commercial Banks' Interbank Interest Arrears