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PARTNERS APPROVE AUSTRALIAN PROJECT
Knight-Ridder Financial |
Partners in Australia's Cossack oil field, led by operator Woodside Petroleum Ltd., gave formal appr
RAIL STRIKE THREAT WORRIES PRODUCERS
Tim Sansbury |
Large coal-fired utility companies were calm Tuesday on the eve of a possible rail strike, but there
W. COAST SHIPPERS, PORTS BRACE FOR A RAIL STRIKE
John Davies |
Shippers, steamship lines and ports on the West Coast braced Tuesday for what they said would likely
COMMODITY BRIEFS
From Wire and Staff Reports |
GREENSPAN REPEATS SUPPORT FOR FEDWASHINGTON - Federal Reserve Chairman Alan Greenspan reiter
NEW CHAPTER FOR BRAZILIAN BOOK MARKET
Journal of Commerce Staff |
Yet another reserved market began to collapse with the Brazilian government's latest economic reform
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
FINLAND'S GNP FALLS AS DOWNTURN CONTINUESHELSINKI, Finland - Finland's inflation-adjusted gr
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Apr. 15, 1991CRUDE OIL(1,000 barrels; dollars and cents
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION: These trade leads are supplied through the World Trade Center NETWO
Maritime
MACSHARRY-MADIGAN MEET SEEN KEY TO GATT ROUND
Simon Hall |
Planned talks between Ray MacSharry, EC agriculture commissioner, and U.S. Agriculture Secretary Ed
Maritime
CHINA BUYS TONS OF COTTONFROM PAKISTAN FOR SHIPMENT
Knight-Ridder Financial |
China has bought 8,000 metric tons of Pakistan low-grade cotton for April-May shipment through U.K.
CHEMICAL BRIEFS
From Wire and Staff Reports |
HERCULES PLANS LAYOFFS AT UTAH FACILITIESWILMINGTON, Del. - Hercules Inc. said that, as a re
FREIGHT RATE FUTURES
JOC Staff |
Apr. 16, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
KERKORIAN AIDE: TWA DOOMED TO CHAPTER 11
(Reuter) |
A top aide to the investor pursuing Trans World Airlines Inc. said Monday the struggling carrier wil
CHINA, HONG KONG BRIDGE GAP ON AIRPORT BEIJING UNVEILS ALTERNATIVE PLAN
P.T. Bangsberg |
The gap may be narrowing between Hong Kong and Britain on the one side and China on the other over t
RUSSIA FACES UPHILL FIGHT FOR USDA ASSISTANCE
Doug Palmer |
Legal and economic difficulties are clouding the Russian Republic's efforts to obtain U.S. Agricultu
DOUBLE HULL COULD HAVE WORSENED HAVEN SPILL
Janet Porter |
The oil spill now threatening to pollute Mediterranean beaches could have been much more serious if
BULGARIAN MANAGERS HONE SKILLS IN US
Paula L. Green |
Ivan Stojanov hopes to return to his job as executive manager of a Bulgarian resort complex with new
Maritime
LME WILL NOT ACT ON ZINC SQUEEZE
Knight-Ridder Financial |
The London Metal Exchange's executive committee has decided to take no action with regard to a squee
DOE MAY START BUYING OIL FOR SPR WITHIN 30 DAYS
Michael J. Strauss |
The Department of Energy may start buying sweet crude oil on the spot market within the next 30 days
THREE NAMED TO PANEL TO RESOLVE PORK DISPUTE
Journal of Commerce Staff |
Two Canadians and one American have been named to a panel to resolve a contentious trade dispute ove
Maritime
EASTERN EUROPE COULD GET $123 BILLION IN WESTERN AID
From Wire Reports |
East European countries could get up to $123 billion in financial aid from Western agencies and priv
GORBACHEV HAILS ROLE OF EURO-BANK
From Wire Reports |
Mikhail Gorbachev is cheering on efforts to speed economic integration in post-Cold War Europe, but
TRADE BRIEFS
From Wire and Staff Reports |
EGYPT CONSIDERING TAX ON IMPORTED GOODSCAIRO, Egypt - Egypt is considering levying a 10 perc
Maritime
CATERPILLAR, P&G BACK TRADE PACT WITH MEXICO
Kevin Commins |
A U.S.-Mexico free trade agreement would stimulate U.S. exports and create more jobs for U.S. worker
Maritime
MADIGAN SAYS USSR MADE CREDIT REQUEST
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Edward Madigan acknowledged that the U.S.S.R. has requested
US, EUROPEAN FIRMS TOP LIST OF PURCHASERS
Journal of Commerce Staff |
American and Western European chemical firms made almost the same number of acquisitions in 1990 of
EXPORTERS FORGE RELATIONS WITH JAPANESE FOR NEW SALES
Jennifer Allen |
Grain traders at major foreign export companies are busy forging ties with Japanese trade houses to
SPOT PRODUCT PRICES
JOC Staff |
Apr. 16, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 220.58 off 0.13 which compares w
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 16, 1991Bid AskedCopper-
BALTIC FREIGHT INDEX
JOC Staff |
1582 (Apr. 16, 1991) Previous day - 1583 The Baltic International Freight Futures Market in
Maritime
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
US AIRLINES WARNED: BEWARE OF SNAGS IN ASIA
P.T. Bangsberg |
While Asia and the Pacific are the most profitable areas for U.S. airline expansion, there are a num
GLOBAL AIRLINES FACE FURTHER TURBULENCE
Michael Di Cicco |
The world's airlines, still in a nose dive from soaring fuel costs and plunging demand during the Pe
SENATE URGED TO RATIFY FOUR MARITIME TREATIES
WILLIAM DiBENEDETTO |
The Bush administration is pushing for Senate ratification of four maritime safety and environmental
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CROWLEY LANDS CONTRACT TO CLEAN UP GULF SPILLOAKLAND, Calif. - Crowley Maritime Corp. said i
Maritime
BRAZILIAN CREDIT CARDS ARE GOING INTERNATIONAL
James Bruce |
All credit card companies operating in Brazil May 2 will be able to grant their clients internation
LIABILITY TREATY COULD LIMIT SPILL CLAIMS
Janet Porter |
Total payments for pollution damage may come to less than $100 million for the tanker that exploded
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Apr. 16, 1991Dubai Crude Oil - (Dollars Per Barrel
FEELING OF RESIGNATION ABOUNDS AS 11TH-HOUR PACT IS LAST HOPE UNIONS SCHEDULE PICKET LINES
Geoffrey H. Brown |
While negotiations continued Tuesday, labor and management doubted that a nationwide rail shutdown e
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