Issue 01
Oil News
- Turkey's Demand For Increased Transit Fees May Delay Resumption of Iraqi Oil Exports
- King Fahd Stresses Continuity of Saudi Oil Policy
- Saudi Oil Grant to Help Turkish Military
- Saudi Arabia Leaves Price Formulas for US and Europe Unchanged for November
- Murban/Oman Differential Stretches to $1.58/B
- OPEC Basket Price Rises to $19.15/B in September
- Iran Plans to Raise Output to 3.7mn b/d by November
- Iran's South Pars Gas Exploration Well Nears Target Depth
- Kuwait is Negotiating with BP for Oilfield Rehabilitation Contract, Says Oil Minister
- CanadianOxy Cannot Yet Confirm Reserves of 490mn Barrels in Masilah-Barriyah Concession
- Yemen Signs Exploration Deal with Clyde Petroleum for Hadhramaut Block
- Oman's Oil Ministry Approves Sale of Chevron's Stake in Sunainah Concession to Neste Finance
- Iraq's Gulf Ports Are Ready to Handle Shipping
- OPEC's President Armas Criticizes European Energy Tax
- Publications Received
Financial & Banking News
- Shaikh Salim Reappointed as Central Bank Governor with Ministerial Status
- KIIC Leads Plans for Kuwaiti Offset Program
- ECGD Expected to Agree œ700mn Line for Kuwait
- Central Bank of Oman Retenders BCCI's 12 Local Branches
- Algeria Devalues Dinar by 22% to Fulfill IMF Conditions
- Recorded Arab Aid Quadrupled in 1990, Says OECD
- Iran Ordered to Pa y Three French Companies $700mn in Nuclear Dispute