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NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Dec. 2, 1992Prev. Life of Contr. OpenOpen High Low
ENRON MAY DRILL FEWER GAS WELLS
Knight-Ridder Financial |
Enron Oil and Gas Co. may drill 20 percent fewer gas wells in 1993 than in 1992 because there has be
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 2, 1992Brent Crude Oil - (Dollars Per Barrel)_
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 2, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
ARGENTINE STATE OIL FIRM TO MAKE STOCK OFFERING
Knight-Ridder Financial |
Argentine state oil company Yacimientos Petroliferos Fiscales in October will sell an initial 20 per
FRANCE WANTS DELAY IN ACTION ON TRADE DEAL
Journal of Commerce Staff |
French officials hope to avoid any direct action on a proposed world trade deal until after Christma
Maritime
EC TO PRESS US TO ABAND ON UNILATERALISM
John Zarocostas |
Getting the United States to abandon its controversial "unilateral" trade policies in favor of globa
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
HILLS ANNOUNCES ACCORD WITH TAIWANTAIPEI, Taiwan - Carla Hills, U.S. trade represent
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Dec. 2, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
GASOLINE PRICES
JOC Staff |
Dec. 2, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
FRANCE CLAIMS SUPPORT FOR ANTI-FARM-DEAL STAND
Journal of Commerce Staff |
The European Community's negotiating stance in world trade talks came under further strain Wednesday
Maritime
STORM PERMANENTLY CUT GAS PRODUCTION, BURLINGTON SAYS
MICHAEl J. STRAUSS |
Hurricane Andrew resulted in the permanent loss of 600 million cubic feet a day of gas production fr
RECENT CURRENCY SPECULATION "IRRATIONAL,' EC OFFICIAL SAYS
Knight-Ridder Financial |
EC Finance Commissioner Henning Christophersen said Wednesday that recent foreign exchange speculati
TEAMSTERS, UPS PREP FOR 1993 LABOR TALKS
Journal of Commerce Staff |
Months before the Teamsters and United Parcel Service Inc. face off in a labor battle pitting two gi
CANADA SETS SPENDING CUTS, BACKS HIGHWAY UPGRADE PLAN
Journal of Commerce Staff |
Canadian Finance Minister Don Mazankowski Wednesday announced substantial cuts in government spendin
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgExp
Maritime
UNION PACIFIC BOOSTS STAKE IN CNW HOLDINGS TO 29 PERCENT
Lawrence H Kaufman |
Union Pacific Corp. said late Tuesday that it has purchased 2 million shares of Chicago and North We
EC URGES COMMON TRANSPORT POLICY TO AVERT POTENTIAL TRAFFIC CRISIS
Bruce Barnard |
The European Community Commission Wednesday urged the 12 EC governments to pool their efforts to ave
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
EMERY REORGANIZES EUROPEAN OPERATIONS
Journal of Commerce Staff |
Spurred by the move to a single market, Emery Worldwide has reorganized its operations in Europe and
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 2, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ICC REJECTS BID TO EASE MERGER RULES FOR RAIL UNITS
Journal of Commerce Staff |
A divided Interstate Commerce Commission Wednesday killed a proposal making it easier for rail holdi
US NEGOTIATOR HAS LITTLE HOPE FOR WORLD STEEL AGREEMENT
Journal of Commerce Staff |
The United States, the European Community, Japan and other steel-exporting nations will resume effor
NORTHWEST AIRLINES MAY RECEIVE $250 MILLION LOAN PACKAGE SOON
Journal of Commerce Staff |
Northwest Airlines' parent, NWA Inc., is expected to receive an early Christmas present in the form
INDUSTRIAL ORDERS RISE IN EASTERN GERMANY
Knight-Ridder Financial |
Eastern German industrial orders shot up 25.9 percent in September from August and rose 14.3 percent
LEASEWAY SEEKS DIVERSITY WHILE UNDER CHAPTER 11
Journal of Commerce Staff |
Leaseway Transportation Corp. officials said this week's filing for protection under the U.S. Bankru
CHRYSLER AGREES TO SUBSIDY CUT AT AUSTRIA PLANT
(Reuter) |
The European Commission has reached an agreement with Chrysler Corp. that will lead Austria to cut s
DOLLAR GAINS SLIGHTLY AGAINST YEN, BUT DECLINES AGAINST DEUTSCHE MARK
Knight-Ridder Financial |
The U.S. dollar seesawed in a very light day of currency trading Wednesday, dipping slightly against
TNT DUGAN TO OPEN SIX TERMINALS IN SOUTH TO CAPITALIZE ON GROWING MART
Journal of Commerce Staff |
Following the competition, TNT Dugan will open six new terminals in the Southern states of Louisiana
MEXICO BANKS ON TRADE AGREEMENT
Mark Veverka |
Mario Ramon Beteta, Mexico's tourism-development director, said he is optimistic that President-elec
FOR US TRUCKERS, THE JURY'S OUT ON NAFTA BENEFITS
Kevin G. Hall |
The proposed North American free-trade agreement will change the market for motor carriers, but only
FOOD INDUSTRY BOILING OVER WITH OPPORTUNITIES US VENTURES ALREADY ABOUND
Paula L. Green |
Some of the hottest deals in Mexico are being cut in cookies and chicken legs as pent-up demand for
MEXICAN LABOR LAW COMPLEX, FAR-REACHING
Tim Shorrock |
Mexico has a complex national labor law that regulates everything from the minimum wage to severance
CARIBBEAN APPAREL PRODUCERS FEEL THREATENED BY ACCORD
Canute James |
Amid deepening concern over a potential threat to their markets created by the North American free-t
AIR CARGO OFFICIALS LOOK BEYOND MEXICO FOR NAFTA'S BENEFITS
Mark B. Solomon |
The Canada-U.S.-Mexico market is hardly an air freight hotbed. The relatively short distance
NAFTA MAY SPUR MAQUILADORAS TO MOVE INLAND, OFFICIALS SAY
Kevin G. Hall |
If the North American free-trade agreement is implemented, the subsequent phase-out of tariffs and d
CUSTOMS HEADACHES LIKELY TO PERSIST
Peter M. Tirschwell |
Two years ago, Agencia Aduanal Obregon, a Mexican customs brokerage in the border city of Tijuana, e
US RAILS PLAN TO BOOST THEIR MEXICAN PRESENCE
Lawrence H Kaufman |
Mexico's constitution prohibits private or foreign investment in its railroad, and there is no rail
MEXICO AWAITS A TIDAL WAVE OF CARGO AS PORTS GO PRIVATE
Kevin G. Hall |
Mexico's ports are readying for an infusion of private capital and the dawn of a new era. Su
PROVISIONS OF THE NAFTA AGREEMENT
JOC Staff |
AUTOS and AUTO PARTS Mexico's 20 percent tariff on autos and its 13.2 percent tariff on auto
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