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ATLANTIC ACQUIRES NJ'S ULTRAMAR PA. FIRM PAYS $25 MILLION FOR WHOLESALE MARKETER
SAM GLASSER |
Atlantic Petroleum Corp., King of Prussia, Pa., completed its acquisition of Ultramar Petroleum Inc.
ENERGY BRIEFS
From Wire and Staff Reports |
Spot Natural Gas Prices<br><br> Increase SlightlySpot natural gas prices for December show a margina
COASTAL TO OPERATE PESTER STATIONS
Journal of Commerce Staff |
Coastal Corp. signed a letter of intent with Pester Marketing Co., Des Moines, Iowa, to assume opera
AMOCO SUSPENDS LIBERIAN DRILLING
(AP) |
The global oil price slump forced Amoco, the multinational U.S. petroleum company, to suspend oil ex
EARTHQUAKE DANGER CITED AT OIL LEASE HEARING
(AP) |
An environmentalist told a federal hearing into offshore oil leases that the Interior Department has
OIL MARKET IEA SETS OPEC OUTPUT AT 16.7 MILLION B/D
EDWIN UNSWORTH |
Fourth quarter oil production by the Organization of Petroleum Exporting Countries is expected to av
PRICES SEEN RISING EVEN WITH QUOTAS
Journal of Commerce Special |
Oil prices could rise in the next quarter even if the Organization of Petroleum Exporting Countries
TUNISIA TO EXPAND REFINING
HOWARD SCHISSEL |
Tunisia is set to forge ahead with plans to expand its inadequate refining capacity over the next fe
SPOT PRODUCT PRICES
JOC Team |
December 5, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gallo
COST OF CREDIT
JOC Team |
Friday, Dec. 5, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada U
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
SEC Still Studying<br><br> Triple Witching HourBOCA RATON, Fla. - John Shad, chairman of the Securit
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
EARLY 'WITCHING HOUR' FEARED
GORDON PLATT |
The upcoming "triple witching hour" on Dec. 19 and continuing fallout from the Ivan Boesky insider t
DOLLAR FIRMS SLIGHTLY IN VERY THIN TRADING
Knight-Ridder Financial |
The U.S. dollar firmed up slightly against most major foreign currencies Friday after drifting a bit
CAN BANKS, AGENTS COEXIST? BANKERS INSIST 'THEY ARE NOT THEIR COMPETITION'
C.A. CARPENTER |
The Canandaigua National Bank & Trust Co. received two hate letters" from local independent insuranc
SURVEY FINDS DOCTORS PRESSURED
(AP) |
Almost half the nation's doctors feel pressured to release Medicare patients<br><br>from the hospita
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurance Took 2.9 percent<br><br> Of '86 Wharton GradsThe Wharton School of the University of Penns
OFFICIAL QUESTIONS CALIF. RATES
JOHN DAVIES |
Unhappy that a ballot measure limiting government liability hasn't resultedin lower insurance premiu
MASS. SBLI SELLERS SET TO GAIN POWERS
TOM McNIFF Jr. |
The Massachusetts Legislature has ignored the protests of the life insurance industry and passed a m
ARGENTINE REFORM PLAN APPEARS SCALED DOWN
JEREMY MORGAN |
President Raul Alfonsin's plan to reform Argentina's heavily loss-making state sector appears much l
Maritime
ARGENTINA, BRAZIL JOIN FORCES
JAMES BRUCE |
Integrated industrial production in South America's two largest economies is a major aim of accords
Maritime
HOW TO CUT LDC DEFICIT CHILE PRAISED FOR USE OF DEBT-EQUITY SWAPS
WILLIAM ARMBRUSTER |
Debt-equity swaps could relieve as much as 25 percent to 30 percent of developing countries' debt, s
Maritime
YOUDE SUCCESSOR A CRUCIAL DECISION
P.T. BANGSBERG |
The sudden death of Hong Kong's chief executive, Sir Edward Youde, while on a visit to Peking threw
Maritime
SWELLING TRADE DEFICITS PLAGUE POOR COUNTRIES
(AP) |
Poor countries in Asia, Europe and the Western Hemisphere are plunging deeper into debt, posting a $
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Delors to Hold EC Post<br><br> For Another 2 YearsJacques Delors, president of the commission of the
Maritime
PHILIPPINES APPROVES SLIGHTLY LARGER BUDGET
(AP) |
The Cabinet approved a 1987 budget of 114.7 billion pesos ($5.7 billion), slightly up from 107 billi
Maritime
AMAX SELLS SUBSIDIARY IN FLORIDA
Journal of Commerce Staff |
AMAX Inc. closed the previously announced sale of its subsidiary, AMAX Chemical Corp., to FCS Energy
ENERGY BRIEFS
From Wire and Staff Reports |
Hyundai Wins Contract<br><br> For Project in PakistanSEOUL, South Korea - Hyundai Construction Co. w
ASSEMBLY PLANTS PROMOTED IN MEXICO
(AP) |
Industries, banks and the governments of eight Mexican states took part in a two-day exhibit and con
Maritime
CHERNOBYL CASING COMPLETE
(AP) |
The concrete casing around the No. 4 Chernobyl reactor, which scientists hope will seal off the ruin
COAL LEASE RULES DRAW QUICK FIRE ABOUT 100 COMPANIES FACE LOSS OF FEDERAL LEASES
TIM SANSBURY |
New rules the Interior Department published to clarify aspects of the coal leasing program could end
BRITISH COAL CITES AREAS WITH LOSSES
EDWIN UNSWORTH |
Latest productivity figures from state-owned British Coal show that South Wales and Scotland are the
HUNGARY REVISES PLANS FOR HYDROELECTRIC PROJECT
(AP) |
The government, faced with sharp criticism from independent environmentalists, announced it was plan
GREAT LAKES CHEMICAL TO ACQUIRE PENTECH
Journal of Commerce Staff |
Emerson Kampen, president of Great Lakes Chemical Corp., announced the company has reached an agreem
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Raises Phenol Price 5 Cents<br><br> Dow Chemical U.S.A. announced a list price increase of 5 cen
WEST COAST BRIEFS
From Wire and Staff Reports |
Christmas Trees<br><br> Ride Waves to HawaiiIn Hawaii, a popular Christmas card has Santa Claus in s
Maritime
MASSEY LABOR DISPUTE HEADED FOR HIGH COURT
(AP) |
A labor dispute that spawned a violent, 15-month United Mine Workers strike against A.T. Massey Coal
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Delors to Hold EC Post<br><br> For Another 2 YearsJacques Delors, president of the commission of the
Maritime
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