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DAILY PETROLEUM PRICES
JOC Staff |
Friday, Feb. 14, 1997Prevailing sellers' posted prices at the close of business, representin
GCC NATIONS SEEK LINKS TO WTO \ GULF OFFICIALS CHOOSE SYSTEM OVER RETALIATION
Josh Martin |
The Gulf Cooperation Council is joining the world.After years of resistance, GCC members are
ASEAN, EU MINISTERS SET TO "DEEPEN AND DIVERSIFY' ECONOMIC RELATIONS
Associated Press |
Foreign ministers from the Association of Southeast Asian Nations and the European Union agreed Frid
Maritime
FLOWER TRADE IS BLOSSOMING IN MOSCOW
John Helmer |
St. Valentine's Day was good business in Moscow, despite the relative unfamiliarity of the Roman Cat
Maritime
HOPING FOR MORE EUROBOND TRADE, TURKEY TO OPEN GLOBAL BOND MARKET
Jonathan Ewing |
Turkey, in a bid to boost trade in Turkish Eurobonds and increase long-term debt availability, plans
Maritime
BRIEFS
From Wire and Staff Reports |
SWISS RE, EQECAT JOININ WINDSTORM PROJECTLONDON - Eqecat has announced a joint venture with
PEOPLE ON THE MOVE
From Wire and Staff Reports |
TRANS WORLD AIRLINES INC.Gerald Gitner was named chairman and chief executive, replacing Tho
LOGISTICS GOLIATH BYTES THE DUST
Alan Abrams |
It seemed like a natural. With global trade booming and manufacturers aggressively seeking ways to r
BRIEFS
From Wire and Staff Reports |
BUSINESS GROUPS PRESSCLINTON ON ENCRYPTIONWASHINGTON - Leaders of 16 business associations h
Maritime
BEN AND JERRY'S FINDS MARKET COLD, DECIDES TO CALL IT QUITS IN RUSSIA
Associated Press |
Five years after building a plant in Russia, the American ice cream maker Ben and Jerry's Homemade I
Maritime
AMERICAN GENERAL TO ACQUIRE USLIFE
Staff And Wire Reports |
American General Corp. plans to buy rival insurer USLife Corp. for $1.8 billion in stock as the indu
PEOPLE ON THE MOVE
From Wire and Staff Reports |
WESTERN NATIONAL CORP.Michael J. Akers was named executive vice president and chief actuary
STATE FARM MAY HIT CELLULAR PHONE USERS
Margo D. Beller |
The largest auto insurer in the United States may consider rate surcharges on drivers who use cellul
BRIEFS
From Wire and Staff Reports |
SHIPSSALE PACT REACHEDFOR QUINCY SHIPYARDBOSTON - The Massachusetts Water Re
DELIVERY ROOM: AIR CARRIERS MOVE IN ON MIDEAST MARKET
John Davies |
Like desert troops on camelback, the big U.S. air express companies hope to be able to swoop down an
SPOT COMMODITIES
JOC Staff |
Feb. 13, 1997Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
Feb. 13, 1997RESELLER RACK Unleaded Mid- Premium-Unle
SPOT PRODUCT PRICES
JOC Staff |
Feb. 13, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
BRIEFS
From Wire and Staff Reports |
KOREA'S SEYANG FILESFOR COURT RECEIVERSHIPSEOUL - South Korea's Seyang Shipping Co. filed fo
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 12, 1997Prev. Life of Contr. OpenOpen High L
COMPROMISE ON CUBA UNLIKELY
Leo Abruzzese |
U.S. and European officials are unlikely in the next week to settle their bitter dispute over invest
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 19, 1996, - Feb. 13, 1997, (a graph)
BRIEFS
From Wire and Staff Reports |
KOREAN PRIME MINISTER'SRESIGNATION OFFER REFUSEDSEOUL - South Korean Prime Minister Lee Soo-
Maritime
ISRAELIS AGREE TO ATTEND THREE TRADE FAIRS IN OMAN
Reuters |
The Israel Export Institute said it would participate in three trade exhibitions in Oman in March an
Maritime
ANALYSTS SAY MEXICO'S DEBT RATING WON'T BE RAISED SOON
Robert Kozak |
When Mexico repaid early $5 billion of international emergency loans last month, rumors began circul
Maritime
SOME BOX LINES FACE CASH-FLOW PROBLEMS, CONSULTANT WARNS
Janet Porter |
A warning about the creditworthiness of medium-sized container shipping companies that are being squ
CANADA'S NAFTA SHIPPING MULLS ADDING TO PACIFIC COAST ROUTES
Reuters |
Canadian shipper Nafta Shipping might increase routes along the Pacific coast, the manager of El Sal
STB SAYS CONRAIL OWNS PENNSYLVANIA RIGHT OF WAY
Rip Watson |
Conrail Inc. and a Pennsylvania economic development group are struggling to unravel a long-running
FAMILIAR FACE HEADS CONTAINER LEASE FIRM
Peter Tirschwell |
Raphael Che, who started Genstar Container Corp. and built it into the world's largest container les
MAERSK, EVERGREEN SHIPS COLLIDE
Journal Of Commerce Staff |
Containerships operated by Maersk Inc. and Evergreen Group collided over the weekend some three naut
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,524-$1,595 per ton lo
CHEMICAL PRICES
JOC Staff |
As of Feb. 13, 1997Quotations are based on prices reported in the market or obtained from su
HEAVY TRUCKS OFF TO GOOD START \ ANALYSTS STILL SEE FALL IN DOUBLE DIGITS FOR '97
Journal Of Commerce Staff |
Heavy-truck makers opened 1997 with surprisingly strong sales in January despite analysts' forecasts
CLOSER TIES TO EU WELCOME, BUT LECTURES ON HUMAN RIGHTS AREN'T, ASIAN LEADERS SAY
Robert J. Wielaard |
Southeast Asian nations on Thursday prepared to sign up for a significant broadening of economic tie
Maritime
GINGRICH, HOUSE LEADERS INTRODUCE BILL TO TRACK HONG KONG TRANSITION
William Roberts |
House Republican leaders, including Speaker Newt Gingrich, introduced legislation Thursday designed
Maritime
RUSSIA'S TRANSNEFT DELAYS SHIPMENTS OF AZERBAIJAN OIL \ POSTPONEMENT CREDITED TO CHECHEN SITUATION
Michael S. Lelyveld |
A series of flip-flops by the Russian pipeline monopoly Transneft over the past week has sparked con
Maritime
CHAIRMAN DEFENDS FED ROLE \ GREENSPAN RESISTS CUTTING BOARD'S POWER
Margo D. Beller |
Federal Reserve Chairman Alan Greenspan said Thursday the Fed should remain an ''umbrella regulator'
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 13, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32
US URGED TO BACK TELECOM ACCORD \ CONGRESSIONAL LEADERS APPEAR SUPPORTIVE
John Zarocostas |
Trading partners of the United States are hopeful President Clinton will not allow Canada's obstinat
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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