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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday June 5, 1991 Prevailing sellers' posted prices at the close of business, represent
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 4, 1991CRUDE OIL(1,000 barrels; dollars and cents
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 5, 1991 Prices in the spot chemicals table include spot quotations or list prices
GASOLINE PRICES
JOC Staff |
June 5, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
SPAIN'S IBERIA TO USE MIAMI AIRPORT AS HUB
Ted Reed |
Iberia Airlines of Spain plans to establish a Miami hub to fly passengers between Madrid and Latin A
SUN SELLS FUEL OIL BELOW SPOT PRICES
Knight-Ridder Financial |
Sun Refining and Marketing Co. is selling barge loads of No. 2 heating oil below prevailing spot mar
MARITIME BRIEFS
From Wire and Staff Reports |
OVERSEAS SHIPHOLDING OKS DIVIDEND INCREASEOverseas Shipholding Group Inc. is raising its qua
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 5, 1991Brent Crude Oil - (Dollars Per Barrel)-
SPOT COMMODITIES
JOC Staff |
June 5, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
STUDY PREDICTS CAPITAL GOODS WILL DRIVE GREAT LAKES RECOVERY
Knight-Ridder Financial |
Increased demand for capital goods will lift the Great Lakes states out of their economic recession,
SIGNALS FROM SOVIETS RAISE US FEARS OF DELAY IN ECONOMIC REFORMS
Michael S. Lelyveld |
With expectations rising that President Mikhail S. Gorbachev will be invited to a Western economic s
Maritime
HAVERTY RESIGNS AS PRESIDENT OF SANTA FE
Kevin Commins |
Michael Haverty, Santa Fe Railway president, resigned Wednesday in a move that some analysts say was
TRAFFIC BRIEFS
From Wire and Staff Reports |
CSX INTERMODAL DEBUTS ELECTRONIC CLAIMS FILINGHUNT VALLEY, Md. - Freight claims now can be f
P/C RESULTS SIGNAL MORE PRICE CUTTING
Lorraine Iannello |
Commercial property/casualty insurance buyers are likely to see a continuation of a buyers market an
SUPPLIES OF GASOLINE INCREASE IN WEEK, API BULLETIN SAYS
Journal of Commerce Staff |
U.S. gasoline inventories were up by 3.4 million barrels during the week ended May 31, compared wit
SLOW TRADE THREAT TO RUBBER LAUNCH
Knight-Ridder Financial |
Slow world trade in rubber could dampen the launch of Singapore's ribbed smoked sheet grade 3 future
SHIP AGENCY DEAL SETS PRECEDENT
Journal of Commerce Staff |
The terms of the contract that Companhia de Navegacao Lloyd Brasileiro negotiated with its new U.S.
Maritime
MORE DELIVERY POINTS MEAN LESS ABUSE, GAO SAYS
Knight-Ridder Financial |
Cornering the soybean market would be more difficult if the Chicago Board of Trade added more delive
INDIAN RESTRICTIONS ON FOREIGN EXCHANGE WORRY FOREIGN LINES
N. Vasuki Rao |
Foreign airlines have come under siege from India's curbs designed to conserve foreign exchange.
US COTTON CROP DEPENDS ON LATE-PLANTED TEXAS YIELDS
Janell Good |
The 1991 U.S. cotton crop may attain the 16 million-bale level projected by the U.S. Department of A
INSURANCE BRIEFS
Wire and Staff Reports |
AIG DROPS DISCUSSIONS ON EQUITABLE LIFEAmerican International Group Inc. and two partners sa
REGULATORS MAY SET RESERVE REGULATIONS FOR REAL ESTATE
Patricia Lamiell |
Insurance regulations are expected by year-end that will require capital reserves against risky mort
THREE US TRADE CENTER COMPETITORS UNITE FOR MISSION TO ASIA
John Boyd |
Trade missions come, trade missions go. But when three separate U.S. world trade centers tea
LLOYD BRASILEIRO FACES TOUGH MARKETING JOB
Leeann Lodder |
Asked if he's a customer of Brazilian shipping line Lloyd Brasileiro, Anthony Lewis leans back again
Maritime
EDI EXPERTS, AUTOMAKERS SPLIT ON GLOBAL STANDARDS
Tony Seideman |
U.S. automobile manufacturers risk falling behind their European and Pacific Rim counterparts unless
PEOPLE - MARITIME
From Wire and Staff Reports |
Tim Ord and Steve Miller joined the shipping line as district sales managers in Long Beach, Calif.
Maritime
TAIWAN'S PARLIAMENT OKS PRIVATIZATION PLANS
(Reuter) |
Taiwan's Parliament has approved a proposal to sell off 20 state-owned companies, including some of
Maritime
PHILIPPINES MAY ABSORB AIRLINE'S DEBT TO AID PRIVATIZATION
Knight-Ridder Financial |
The Philippine government may absorb over US$400 million in foreign debt owed by the flag carrier, P
DOT GRANTS THREE AIRLINES AUTHORITY TO PROVIDE COMBI SERVICE TO USSR
From Wire Reports |
The Department of Transportation Wednesday selected three air carriers to provide four new scheduled
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 5, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
GARY, IND., RESIDENTS EXPRESS CONCERN, SUPPORT FOR MAJOR AIRPORT
Ira Breskin |
Residents at public hearings Tuesday on Gary Regional Airport's possible selection as a third Chicag
WHY LINES TREAT CONSOLIDATORS DIFFERENTLY FROM SHIPPERS
Journal of Commerce Staff |
Shipping lines and cargo consolidators are scheduled to meet Tuesday in Washington to discuss the ro
Maritime
GLOBAL TRADE MINISTERS SEE POSITIVE END TO URUGUAY ROUND
Keith M. Rockwell |
Trade ministers from major industrial countries committed themselves Wednesday to achieving signific
US DOLLAR MOVES HIGHER ON RECOVERY COMMENTS
Knight-Ridder Financial |
The U.S. dollar moved higher Wednesday after it gained overseas on comments about economic recovery
PLY GEM UNIT IN SOVIET JOINT VENTURE
William Armbruster |
Ply Gem Industries Inc. announced Wednesday that its Allied Plywood subsidiary has formed a joint ve
Maritime
LUBRIZOL TO PURCHASE PETROLEUM ADDITIVES BUSINESS FROM AMOCO
Wire Reports |
Lubrizol Corp., of Cleveland, signed a letter of intent to acquire the worldwide petroleum additives
MORE STRINGENT REGULATIONS ADVOCATED FOR FOR SHIP PILOTS
WILLIAM DiBENEDETTO |
New York congressional, state and industry officials say federal ship pilotage regulations, especial
Maritime
TRADING WITH BOTSWANA OPPORTUNITIES RISE DESPITE DROP IN TRADE
Duncan Robinson |
In an ironic twist, trade and investment opportunities in Botswana, a landlocked country in Southern
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
DYNAMIC AIR FREIGHT DENIES MERGER RUMORSIRVING, Texas - Dynamic Air Freight denied it is in
OIL GROUP WON'T BACK ENERGY BILL IF IT MANDATES ALTERNATIVE FUELS
Knight-Ridder Financial (Reuter) |
The American Petroleum Institute will not support the national energy bill if an alternative fuels m
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