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US FIRMS SEE GROWTH IN EUROPE
Andrea Knox |
Like executives at many U.S. companies, Robert A. Roseman of Zeks Air Drier Corp. sees Europe as a k
Maritime
GRACE CHAIRMAN TO RETIRE IN JANUARY
(Reuter) |
J. Peter Grace, who has run conglomerate W.R. Grace & Co. for nearly half a century, is undergoing c
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 8, 1992Brent Crude Oil - (Dollars Per Barrel)_
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 8, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
OPEC BASKET PRICE FALLS TO $18.17
Knight-Ridder Financial |
The price of the Organization of Petroleum Exporting Countries' basket of seven crudes edged down to
RUSSIAN NICKEL PRODUCER MAY CUT OUTPUT 10 PERCENT
Simon Clow |
Russia's largest nickel producer, Norilsk Nickel, has taken a provisional decision to cut its 1993 p
SPOT PRODUCT PRICES
JOC Staff |
Dec. 8, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
GASOLINE PRICES
JOC Staff |
Dec. 8, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
RELAXATION OF MINING LAWS IN MEXICO ATTRACTS INVESTMENT
Howard Simon |
Mexico's new mining laws are encouraging new foreign investment. While some big U.S. players
COMEX METAL WAREHOUSE
JOC Staff |
Dec. 8, 1992 Copper Total, 75,861. Gold Total, .1,513,886.Silver Total, .282,
ASIAN FUTURES
JOC Staff |
Dec. 8, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Exchange
FORCE BEHIND NUTRASWEET TO BECOME MONSANTO PRESIDENT
William Flannery |
The man who built NutraSweet Co. into an artificial-sweetener powerhouse is moving into the No. 2 jo
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 203.04 up0.96 which comp
DEMAND FOR SOYBEAN MEAL TO RISE, OIL WORLD SAYS
Knight-Ridder Financial |
A large drop in 1992-93 (October-September) world production of rapemeal and cottonmeal will boost d
IRAQI OIL AIDE REPEATS FORECAST OF OPEC DEMISE
Leila Deeb |
Iraqi Oil Minister Ossama Abdel-Razzak al-Hiti Tuesday reiterated his conviction that the Organizati
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago12/8 12/7 Change % Change: 11/
COMMODITY BRIEFS
Wire and Staff Reports |
COCOA FUTURES PLUNGE TO FIVE-MONTH LOWNEW YORK - Cocoa futures plunged in a technica
FOUR GROUPS SUBMIT BIDS TO BUILD THAI AROMATICS PLANT
V. Thanaprachum |
Four international groups of companies have submitted bids ranging from $494 million to $528 million
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Dec. 8, 1992 Prevailing sellers' posted prices at the close of business, representin
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 8, 1992 Quotations are based on prices reported in the market or obtained from su
CALTEX EXPECTS TO FINALIZE TERMS ON THAI REFINERY LOANS BY FEBRUARY
Mark Timm |
Caltex Petroleum Corp. expects to finalize terms by February on $1.3 billion of loans for its $1.85
ENERGY SECTOR'S DEBT AT RECORD LEVEL IN '92
Knight-Ridder Financial |
Lower interest rates and demand for capital generated an unprecedented level of debt in the energy i
ELF AWAITS OK FOR RUSSIA EXPLORATION
JOC Staff |
The French oil company Elf Aquitaine will await formal Russian Parliament approval before going ahea
ENERGY BRIEFS
From Wire and Staff Reports |
END ASKED TO US BAN ON ALASKA OIL EXPORTSAlaska Gov. Walter Hickel asked President Bush on T
TEXACO UPBEAT ON MARGINS FOR WEST COAST REFINING
Knight-Ridder Financial |
A Texaco Inc. executive for the U.S. West Coast said he is optimistic that refining margins there wi
JAPAN ACTIVISTS PROTEST NUCLEAR WASTE DUMP
(Reuter) |
Japan's first dump for low-level radioactive waste opened Tuesday, taking in a first batch as anti-n
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
PARISE WINS RE-ELECTION AS CHAIRMAN OF NMU
Alan Abrams |
Running unopposed, Lou Parise was re-elected chairman of the National Maritime Union with 2,451 vote
Maritime
OIL PRICES WILL SURGE, ENRON EUROPE OFFICIAL SAYS
Knight-Ridder Financial |
A rapid tightening of oil markets will occur by the mid-1990s and will result in crude oil prices of
CHILE'S GDP ROSE 13.7 PERCENT IN QUARTER
Knight-Ridder Financial |
Chile's gross domestic product expanded 13.7 percent in the third quarter compared with one year ear
BREMERHAVEN BEGINS EXPANSION PROJECT
Journal of Commerce Staff |
The Ports of Bremen/Bremerhaven announced that work has begun on a 700-meter extension of wharves an
Maritime
IMPORTERS SAID TO SHUN PORT OF BOSTON ENFORCEMENT, FDA BLAMED
Michael S. Lelyveld |
Unfair enforcement, meticulous inspections and even retribution by inspectors of the Food and Drug A
Maritime
SKILLED CREWS CALLED KEY TO FUTURE PREMIUM COSTS
Janet Porter |
Shipowners with high-quality crews may soon start benefitting from preferential insurance premiums,
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
Stowaways can be an expensive problem for ship operators. If a stowaway is found on a ship e
Maritime
SPANISH OIL SLICK SEEN UNDER CONTROL
(Reuter) |
A 23-square-mile oil slick from the wrecked Greek tanker Aegean Sea that spread along Spain's northw
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Dec. 8, 1992Bid AskedCopper_G
PEOPLE - COMMODITIES
Wire and Staff Reports |
METALLGESELLSCHAFT ORE AND CHEMICAL CO. (New York ) - Joseph E. Robertson Jr. was named president an
WORRY OVER RUSSIA PAYMENTS PRESSURES GRAIN, SOYBEAN PRICES
Wire and Staff Reports |
Grains and soybean prices waffled on persistent concerns about Russia's inability to repay loans for
GRAIN GROUP SUGGESTS MARKET-DRIVEN APPROACH
Marc Weinstein |
U.S. agriculture must take a market-driven approach rather than relying on government programs to be
ROW OVER PAYMENTS TO FARMERS MAY HAMPER KENYA COFFEE CROP
Knight-Ridder Financial |
A dispute in Kenya over final payments to farmers for 1991-92 coffee deliveries could hamper this se
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