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DAILY PETROLEUM PRICES.
JOC Staff |
Thursday June 2, 1994 Prevailing sellers' posted prices at the close of business, representi
CHAIRMAN OF MALAYSIA'S PETRONAS CONSIDERS PIPELINE ACROSS ASIA
Reuters |
Petronas, the national oil company, is looking into the possibility of building the world's longest
NC UTILITY CLEARED OF COVER-UP IN INVESTIGATION OF REACTOR CRACKS
Yolanda Jones |
Officials at Carolina Power & Light's Brunswick, N.C., nuclear plant were relieved butnot surprised
WEEKLY COAL EXPORTS WEEK OF MAY 23-27, 1994
PIERS, New York |
Only table.
CONFERENCE ON S. AFRICA TO BE HELD IN ATLANTA
Walter Putnam |
This city, recognized as a symbol of the New South, will host representatives of the "new South Afri
Maritime
AUSTRALIAN RETAIL SALES FELL IN APRIL
Reuters |
Weak grocery and department store sales led to a dip in Australian retail sales in April, wiping awa
GOLD COUNCIL SEES REVIVAL IN DEMAND
Reuters |
Global demand for gold, after a mild setback in 1993, will revive this year aided by the economic re
$1.2 BILLION AFTER-TAX LOSS POSTED BY US P/C INDUSTRY
From Wire and Staff Reports |
Insurance companies posted losses in net and operating income in the first quarter due to the Northr
TUGS TO ATTEMPT TO REFLOAT TANKER
From Wire and Staff Reports |
Tugboats were on their way late Thursday to try and refloat a Liberian tanker carrying 13 million ga
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SALINAS STICKS BY TIMETABLE FOR PRIVATIZATION OF PORTS
Kevin G. Hall |
Mexico will not "force the pace" in order to speed up its much-delayed port privatization process be
Maritime
JOURNAL OF COMMERCE - FAST FACTS US WHEAT PRICES
Chicago Board of Trade |
No text.
WHITE HOUSE WALKS SOFTLY ON CHINA TRADE POLICY
John Maggs |
Now that President Clinton has completed a tricky about-face on U.S.-China trade policy, his adviser
WORLD WAR II PRODUCED SHIPBUILDING REVOLUTION
Peter M. Tirschwell |
The SS Jeremiah O'Brien was the 30th Liberty ship built by the New England Shipbuilding Corp. of Sou
SEISMIC STUDY IN SOUTH CHINA SEA LANDS US FIRM IN TERRITORIAL DISPUTE
P.T. Bangsberg |
A Denver oil company has begun seismic data acquisition in a hotly disputed area of the South China
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 2, 1994Brent Crude Oil - (Dollars Per Barrel)_
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
ENERGY BRIEFS
From Wire and Staff Reports |
INDIA TO OFFER BLOCKS FOR OIL EXPLORATIONNEW DELHI, India - India soon will offer de
RUBBER PRODUCERS TO MEET TO DISCUSS GLOBAL PACT
K.T. Arasu |
Key rubber producers will meet here next week to strengthen their hand in negotiations with consumer
RUSSIA LOOKS TO PARIS CLUB FOR SUPPORT IN ROW WITH ITALY CREDIT RESCHEDULING AT CORE OF DISPUTE
Grigori Gerenstein |
Acting Russian Finance Minister Sergey Dubinin attempted to persuade the Paris Club Thursday to supp
BALTIC FREIGHT INDEX
JOC Staff |
1420 (June 2, 1994) Previous day - 1437 The Baltic International Freight Futures Market in L
Maritime
SURGE IN EXPORTS OF FARM GOODS WIDENS BRAZIL'S TRADE SURPLUS
Patricia Saldanha |
Brazil's April foreign trade surplus widened 37 percent from March to $1.416 billion on a major boos
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
S. KOREA ROOTING OUT ITS SOFTWARE PIRACYSEOUL, South Korea - South Korea, facing possible U.
Maritime
THREE STUDENTS, TWO PROFESSIONALS WIN INSURANCE SCHOLARSHIPS
JOC Staff |
Three college students and two insurance professionals are the first recipients of scholarships from
AUSTRALIA TO BUILD ITALIAN-DESIGNED SHIPS
Reuters |
The Australian navy will spend $738 million building six Italian-designed mine-hunting ships over th
Maritime
DUTCH INSURANCE GIANT ING SEES ITS REVENUE SLIDE
Associated Press |
Internationale Nederlanden Groep NV (ING), the Dutch insurance market leader, reported Thursday a fi
A&A DEBENTURES PLACED ON S&P CREDITWATCH
From Wire and Staff Reports |
Standard & Poor's placed its "BB-" rating on some of Alexander & Alexander Services Inc.'s debenture
MICHIGAN RAILWAY RECEIVES FEDERAL GRANT
Associated Press |
Lake State Railway Co. said it will replace highway crossings, repair rails and make other improveme
TRANSPORT BRIEFS
Wire and Staff Reports |
KLM SWINGS BACK INTO THE BLACKAMSTERDAM, Netherlands - KLM Royal Dutch Airlines regi
SPOT PRODUCT PRICES
JOC Staff |
June 2, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
THE ECONOMY
Bureau of Labor Statistics; Commerce Department; Knight-Ridder |
LEADING INDICATORS Index tracks 11 economic statistics; seasonally adjusted.Monthly percent
SLOVENIAN INVESTMENT FUNDS EXPECTED TO BE LICENSED BY JULY
Marja Novak |
Slovenian investment funds are likely to be licensed by July, advancing the mass privatization proce
SPOT COMMODITIES
JOC Staff |
June 2, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
COLOMBIA BOOSTS PRICE OF COFFEE BY 7.5 PERCENT
Tom Quinn |
In a move that surprised even growers, Colombia raised its internal coffee price by 7.5 percent, the
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
BANK OF NEW YORK OPENS SHANGHAI OFFICE
Associated Press |
The Bank of New York has opened a representative office in Shanghai. The office will provide
5 STOWAWAYS FOUND ABOARD SEA-LAND SHIP IN BOSTON
Michael S. Lelyveld |
Five stowaways were apprehended aboard a ship operated by Sea-Land Service Inc. when it docked in Bo
Maritime
EMERY UNVEILS DIRECT SERVICE TO TUCSON, MONTERREY
William Armbruster |
Emery Worldwide has launched direct air service to Tucson, Ariz., and Monterrey, Mexico. The
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
FRAGRANCE OILS DWINDLE ON REUNION ISLETwo essential oils used in fragrances are in s
INDONESIA ENDS RESTRICTIONS ON FOREIGN INVESTMENT
Mantik Kusjanto |
The government on Thursday scrapped major curbs on 100 percent foreign equity ownership to combat st
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