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SPOT PRODUCT PRICES
JOC Staff |
October 5, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
OPEC CUTS SEPTEMBER PRODUCTION
(Ap) |
OPEC production fell by an estimated 1 million barrels a day last month, but still remained over the
IRAN, USSR TO DISCUSS OIL
(Ap) |
Iran's oil minister will visit Moscow Oct. 15 for talks on oil projects in a snowballing cooperation
ENERGY BRIEFS
From Wire and Staff Reports |
Oil Workers Adopt Bargaining PolicyOil worker delegates at the National Oil Bargaining Confe
ARGENTINA'S YPF GETS NEW BOSS IN UPHEAVAL
Jeremy Morgan |
Argentine Energy Secretary Jorge Lapena took over as head of the state oil company, Yacimientos Petr
US PETROLEUM RESERVE MAINTAINS A LOW PROFILE
(Ap) |
The operations manager for the United States' Strategic Petroleum Reserve, Scott Landry, says the im
PRATT & WHITNEY PINS ITS HOPES ON REALIGNMENT
Lawrence Kaufman |
Pratt & Whitney Aircraft Group realigned its engine business into four groups Friday, three days aft
Air Cargo
'ROUTINE' FAA INSPECTION OF NORTHWEST MOVED AHEAD
Tom Hundley |
The Federal Aviation Administration will conduct an extensive inspection of Northwest Airline's oper
Air Cargo
HOW FAA DETERMINES TIME FOR INSPECTIONS
Dave Higdon |
When the Federal Aviation Administration targets an airline for an extensive inspection, the decisio
Air Cargo
MIDWAY OPTIMISTIC ON ROAD FEEDER SERVICE
Andrea Chancellor |
Midway Airlines launched a road feeder interline service it hopes will become its largest cargo prof
Air Cargo
US-BRAZIL AIR TALKS STALL OVER DEREGULATION
James Bruce |
Annual negotiations for a new civil aviation accord between Brazil and the United States, begun last
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
Assaults on Smoking Mounted in CongressTwo separate assaults on smoking on airliners surface
Air Cargo
CONTAINERS GETTING A GRIP ON WESTBOUND FREIGHT
James Abbott |
Jim Decker is tearing his hair out trying to find equipment. Mr. Decker, the president of the Los An
Rail News
RAIL BRIEFS
From Wire and Staff Reports |
Rail Tunnel in NY Undergoes RepairsOAKLAND, Calif. - Kaiser Engineers has begun work on a $6
Rail News
JUDGE ORDERS END TO AMTRAK STRIKE ACTION
Josh Goldstein |
A strike by Amtrak maintenance workers disrupted train service along the New Haven line between Bost
Rail News
FUNDING SET TO UPGRADE AUSTRALIAN RAILROAD
Vincent W. Stove |
The railway system owned by the Australian government has embarked on its largest annual investment
Rail News
S. KOREAN COMPANY BUYS US ETHYLENE EQUIPMENT
Journal of Commerce Staff |
Yukong Ltd., South Korea, has placed orders for more than $15 million of U.S. equipment for a $150 m
GENOA DELAYS SEND SHIPS ELSEWHERE
Andrew Mutter |
Maersk has rerouted two of its four vessels due this month in Genoa to other ports in north Italy.
Maritime
CORRECTION
JOC Staff |
Because of reporting error, an article in Friday's Journal of Commerce on the earthquake that struck
HIMONT LICENSES SPHERIPOL PROCESS IN SOUTH KOREA
Charles Thurston |
Himont Inc.'s Spheripol polypropylene process technology will be licensed for use in an80,000 metric
SOVIET UNION LIFTS SECRECY ON CHEMICAL WEAPONS
(Ap) |
Only six months after acknowledging it had chemical weapons, the Soviet Union airlifted envoys from
CHEMICAL BRIEFS
Wire and Staff Reports |
High Court Refuses To Move Bhopal SuitThe Supreme Court refused to move from India to the Un
CHEMICAL MARKETS SALES OF BIOTECH-BASED PRODUCTS EXPECTED TO GROW 30 PERCENT A YEAR
Journal of Commerce Staff |
U.S. sales of biotechnology-based products, including instruments and reagents, will climb to a leve
EXXON CHEMICAL BUYS NL INDUSTRIES UNIT
Journal of Commerce Staff |
Exxon Chemical Co. has agreed to purchase a unit of NL Industries Inc. in a move that will create on
PULLING THE WOOL OVER SHEEP'S EYES
Dirck Steimel |
Sheep are going to need their own Dr. Ruth Westheimer, thanks to the Agriculture Department.
SHOWA PLANS SHIP TO CRUISE FAR EAST
Maureen Robb |
Showa Line Ltd. said it will build a $40 million cruise ship to sail the waters of the Far East.
Maritime
NEWS SUMMARY
JOC Staff |
AVIATION The FAA will conduct an extensive inspection of Northwest Airline's operations in J
US OPTIMISTIC ON LONG TERM
Keith M. Rockwell |
Administration officials said Monday that the historic trade liberalization agreement between the Un
AGREEMENT LETS STAND TRANSPORTATION RULES
Leo Abruzzese |
Existing U.S. and Canadian surface transportation rules were left untouched by the new free trade ag
PACT WOULD EASE US ENTRY INTO CANADIAN INSURANCE MART
Russ Banham |
U.S. insurance companies will be allowed unlimited participation and investment in the Canadian insu
INSURANCE BRIEFS
Wire and Staff Reports |
Aftershocks Continue To Shake CaliforniaAftershocks continue to hit southern California foll
MASS. RULE BANNING AIDS TESTING HALTED
Laura Raley Borda |
A Massachusetts judge granted a preliminary injunction last Friday preventing the insurance commissi
68 PERCENT WILLING TO HELP FINANCE LONG-TERM CARE
(Ap) |
A majority of Americans in a new survey are willing to pay higher federal taxes to finance long-term
JOFC SUPERVISOR DIES
Journal of Commerce Staff |
Frank L. Hoffman, a JofC employee for nearly 25 years, died in a truck accident and was found dead S
ON THE MOVE SHIPYARD'S CHAIRMAN RESIGNS
Journal of Commerce Staff Report |
Wolf-Elmar Warning, Bremer Vulkan AG's chairman, resigned only six months after becoming the head of
MASS. HEALTH BILL DEBATE POSTPONED
Michael S. Lelyveld |
The Massachusetts House voted overwhelming to postpone further debate on Gov. Michael Dukakis ' cont
OVERCAPACITY FORCING DOWN AVIATION RATES
Journal of Commerce Staff |
Substantial overcapacity in world aviation insurance markets has forced current premium levels to ne
AIDS STUDY INCONCLUSIVE, OFFICIAL SAYS
(Ap) |
Federal health officials say a new study suggesting the AIDS virus may liedormant longer tha
WORLD TODAY
From Wire and Staff Reports |
Iraqi Warplanes Hit Iranian Oil FacilitiesMANAMA, Bahrain - Iraqi warplanes bombed Iranian o
FED CHIEF SEEN BACKING CHANGE IN BANK RULES
John Boyd |
In his first congressional appearance as Federal Reserve chairman, Alan Greenspan's soft voice conta
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