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SPOT PRODUCT PRICES
JOC Staff |
Jan. 15, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
GATT CHIEF OPTIMISTIC, BUT NO DATE FOR TALKS
From Wire Reports |
World trade negotiators ended their first meeting in more than a month Tuesday without any concrete
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
RELIANCE PLANS TO OPEN SUBSIDIARY IN THE UKReliance National Insurance Co. announced today t
TEXAS REGULATORS WEIGH AUTO RATE HIKE REQUEST
Journal of Commerce Special |
Pointing to an increase in the number of car accidents and higher repair costs, auto insurance compa
AVIATION BRIEFS
Wire and Staff Reports |
GULF AIR MOVES CRAFT FROM BAHRAIN TO OMANDUBAI, United Arab Emirates - Gulf Air, owned joint
*BALTIC FREIGHT INDEX
JOC Staff |
1440 (Jan. 14, 1991) Previous day - 1439 The Baltic International Freight Futures Market in
Maritime
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Jan. 14, 1991Dubai Crude Oil - (Dollars Per Barrel
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Jan. 15, 1991 Prevailing sellers' posted prices at the close of business, representi
SHIP LINES SUSPEND BAHRAIN, SAUDI CALLS
Janet Porter |
The grim prospect of all-out war in the Middle East forced liner shipping companies to suspend servi
YEUTTER: US WILL HIKE 1991 EXPORT CREDITS
Knight-Ridder Financial |
The U.S. Department of Agriculture will issue about $6.7 billion in fiscal 1991 export credit guaran
FRENCH BACK EC FARM REFORM
John Maggs |
French farm leaders said Tuesday that they favor reform of Europe's Common Agricultural Policy, but
RETAILERS SLOW TO REALIZE BENEFITS OF AUTOMATION NY CONFERENCE GETS UNDER WAY
Tony Seideman |
Despite many tests and some aggressive implementation campaigns, few retailers are seeing any benefi
SHIPOWNERS CRITICIZE UNDERWRITERS FOR JUMPING THE GUN ON GULF RATES
Janet Porter |
Many shipowners are angry at the way marine underwriters began loading insurance premiums for shippi
COAL BRIEFS
Wire and Staff Reports |
AUSTRALIAN COAL MINES RECOVERING SLOWLYSYDNEY, Australia - Coal mines in Australia's Queensl
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 221.25 up 1.16 which compares wi
EX-IM BANK EXPECTS SURGE IN EXPORT CREDIT VOLUME
Richard Lawrence |
John Macomber, the U.S. Export-Import Bank chairman, expects his agency will issue a "substantially
Maritime
P&G REPORTED EXPANDING PRODUCTION IN CHINA
P.T. Bangsberg |
Procter & Gamble Co. is reported to be planning to expand production at its Chinese subsidiary in th
Maritime
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Financing Trade 3A * Richard Lawrence - Trade Scene 6A* Japanese Investors
TRADE BRIEFS
Wire and Staff Reports |
TRADE FAIR IN UAE TO OPEN TODAYDUBAI, United Arab Emirates - The Abu Dhabi International Tra
Maritime
DOLLAR MOSTLY HIGHER IN NARROW TRADING RANGE
Knight-Ridder Financial |
The U.S. dollar traded mostly higher Tuesday after- noon in a thin, quiet market that was waiting ou
Maritime
FUTURES TRADERS PREPARE POST-JAN. 15 STRATEGIES
Howard Simon |
Commodity futures brokers Tuesday braced for war by doing what they know best, trading. A lo
STALLED NEGOTIATIONS SEND TRICON SHIP TO CHESTER, PA.
Journal of Commerce Staff |
Unable to come to an agreement on a New York-area terminal, the three-member Tricon-Services group w
Maritime
INDONESIA AWARDS EXPLORATION PACTS, EXTENSIONS TO UNOCAL, 3 OTHERS
P.T. Bangsberg |
Indonesia awarded oil and gas exploration contracts to American, European and Japanese companies, an
SAUDI ARABIA MIGHT SHUTTLE OIL TO TANKERS OUTSIDE GULF
From Wire Reports |
To keep its oil exports flowing in a Persian Gulf war, Saudi Arabia may begin shuttling its oil to t
STOCKHOLDERS URGE A RESTRUCTURING OF NEDLLOYD GROUP FINANCIAL OFFICER RESIGNS HIS POST
Bruce Barnard |
Royal Nedlloyd Group NV Tuesday triggered intense speculation about its future after a top executive
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
Two Nova Corp. Units Expand CapacityCanada's Nova Corp. said two of its subsidiaries were ex
UNITED CHAIRMAN TELLS EMPLOYEES TO EXPECT RECORD QUARTERLY LOSS
Stanley Ziemba |
United Airlines, suffering along with other airlines from the slow economy and a run-up in jet fuel
EC SOYBEAN IMPORTS EXPECTED TO RECOVER
Knight-Ridder Financial |
EC soybean imports should stage a recovery in the January-July 1991 period, as competing rapeseed im
GASOLINE PRICES
JOC Staff |
Jan. 15, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
COST OF GULF CRISIS TO BE FELT FAR FROM FRONT
Michael S. Lelyveld |
They pray for peace. They prepare for war. Although far from the men and women on the front
BUSH PLAN FOR OIL RESERVES UNCLEAR
Tim Sansbury |
On the eve of potential war in the Persian Gulf Tuesday it remained unclear whether President Bush p
USDA MAY LIFT BAN ON LIMES, OTHER CITRUS FROM MEXICO
Knight-Ridder Financial |
The U.S. Department of Agriculture Tuesday proposed lifting an eight-year ban on imports of key lime
JAPANESE RELUCTANT TO INVEST IN MEXICO DESPITE REFORMS
Bill Mongelluzzo |
Japanese investors applaud the economic reforms that have been under way in Mexico for several years
Maritime
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA International Air Conditioning, Heating and Refrigerating Exposition. Jan. 21-
Maritime
*FREIGHT RATE FUTURES
JOC Staff |
Jan. 14, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
FOR THE FIRST TIME IN ITS HISTORY, Jamaica is allowing nationals and foreigners to maintain foreign
Maritime
TREASURY UNDECIDED ON ISSUE OF INSURANCE SALES BY BANKS
Aviva Freudmann |
While leaning toward expanding bank powers into related industries, the Treasury Department has not
SOVIETS USE $640 MILLION OF US FARM CREDIT PACKAGE
Knight-Ridder Financial |
The Soviet Union has used $639.5 million of its $1 billion credit allocation for U.S. commodity purc
ENERGY BRIEFS
Wire and Staff Reports |
OPEC EXPECTS PRICE OF OIL TO REMAIN HIGHThe Organization of Petroleum Exporting Countries' o
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