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OIL FIRMS REEL FROM CHINA IMPORT CURBS
Tan Ee Lyn |
International oil companies are reeling from China's new ban on oil imports and curbs on domestic pr
ENERGY BRIEFS
From Wire and Staff Reports |
NIAGARA MOHAWK BUYS FUEL OIL AT TENDERNEW YORK - Niagara Mohawk Power Corp. purchase
VENEZUELA EXPECTS TO COMPLETE OUTPUT-SHARING PACTS IN '94
Knight-Ridder Financial |
Petroleos de Venezuela SA hopes to work out its first production-sharing agreements with private for
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 18, 1994Brent Crude Oil - (Dollars Per Barrel)_
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 18, 1994 Prev. Life of Contr. OpenOpen High Low
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 18, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GASOLINE PRICES
JOC Staff |
May 18, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
SPOT PRODUCT PRICES
JOC Staff |
May 18, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
ALYESKA MAY BE FORCED TO CUT TERMINAL EMISSIONS BY 95 PERCENT
Associated Press |
Alyeska Pipeline Service Co. may be forced to reduce emissions at its Valdez tanker terminal by at l
BANK BUDGETS $800 MILLION FOR CHINESE POWER PROJECTS
P.T. Bangsberg |
China's struggling power sector will receive more than US$800 million in loans this year from the ne
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended5-13 5-6
LOW PRICES ARE EXPECTED TO CUT OPEC OUTPUT LEVEL
Knight-Ridder Financial |
Lower oil prices have curtailed plans to increase output capacity in all OPEC countries this year, a
ENERGY BRIEFS
From Wire and Staff Reports |
ROOF COLLAPSE HALTS WORK AT INDIA PLANTNEW DELHI, India - India's Nuclear Power Corp
OMAN CRUDE SALES TO US INCREASE NO TREND SEEN
Knight-Ridder Financial |
Oman crude cargo sales to the United States have increased recently, but market participants do not
DISCREPANCY BETWEEN W. COAST AND NYMEX CONFUSES CRUDE TRADERS
Deena Beasley |
Liquidity in the part of the crude oil trading market based on West Coast refiner postings rather th
CHINA'S BIGGEST SPOT MARKET FOR METALS OPENS IN SHANGHAI
Mark O'neill |
China's biggest spot market for nonferrous metals opened here on Wednesday, with members accounting
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 18, 1994 Prevailing sellers' posted prices at the close of business, represent
CONCERNED SWEDES TOUR NUCLEAR PLANT
Associated Press |
Sweden's foreign minister visited Lithuania's Chernobyl-type nuclear power station Wednesday on a tr
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
EXXON, SHELL GET OK FOR EU PLASTICS VENTUREBRUSSELS - The European Commission on Wed
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 229.53 off 0.96 w
SPOT COMMODITIES
JOC Staff |
May 18, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
ASIAN SUGAR SQUEEZE SEEN EASING IN JULY
Knight-Ridder Financial |
The current squeeze on white sugar in Asia is not expected to ease until July or August, when Austra
ROASTERS BACK IN MARKET AS COFFEE FUTURES RALLY
Mark Thompson |
The apparent durability of the rally in coffee futures prices in London and New York has prompted co
SOYBEANS SURGE ON WEATHER OUTLOOK
Knight-Ridder Financial |
Soybean futures ended Wednesday sharply higher - at their highest levels since late January.
ANALYST SAYS THAILAND PRODUCES CHEAPER SUGAR THAN AUSTRALIA
Wendy Pugh |
Thailand has overtaken Australia as a more cost-competitive producer of raw sugar, James Fry, U.K. c
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
BALTIC FREIGHT INDEX
JOC Staff |
1500 (May 18, 1994) Previous day - 1504 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 18, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 18, 1994 Quotations are based on prices reported in the market or obtained from su
GOODS TRAFFIC RISES AT PORT OF ROTTERDAM
Associated Press |
Goods traffic at the world's largest port, Rotterdam, increased almost 3 million tons in the first q
Maritime
LLOYDBRAS COMES CLOSER TO LEARNING ITS FATE
James Bruce |
The reprieves for Brazilian state-owned general cargo carrier Companhia de Navegacao Lloyd Brasileir
Maritime
TURKEY'S BOSPORUS PLAN COULD BE WEAKENED
Lucy Hine |
Plans by Turkey to slap tighter restrictions on shipping in the Bosporus could be diluted after comi
Maritime
SEA-LAND, MAERSK EXPAND COOPERATION ON CHINA SERVICE
Peter M. Tirschwell |
Further expanding their already extensive joint operations in the Pacific region, Sea-Land Service I
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
INDIA CARGO-SUPPORT MOVE DRAWS FOREIGN FIRE
N. Vasuki Rao |
A government move to extend cargo support to Indian shipping companies is causing concern among fore
Maritime
CUT SEAWAY COSTS, CANADIAN GROUP URGES
Leo Ryan |
The Shipping Federation of Canada has urged the Canadian government to substantially reduce costs of
Maritime
7 SENATORS INTRODUCE BILL TO BAR U.S. MARINE ACADEMY TUITION
Journal of Commerce Staff |
Seven senators, upset with the administration's suggested cutbacks in several maritime areas, Tuesda
Maritime
MARINE FAMILY MATRIARCH JAILED FOR POLLUTION IN NJ
Journal of Commerce Staff |
A state Superior Court judge Wednesday ordered 78-year-old Evelyn Berman Frank, matriarch of a famil
Maritime
FRENCH DOCKWORKERS RETURN TO WORK AFTER 24-HOUR STRIKE
Special to The Journal of Commerce |
Dockworkers in France returned to work at French ports on Wednesday after striking for 24 hours on T
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
BILSPEDITION SHIP UNIT POSTS HIGHER PROFITLONDON - The shipping division of the Swed
Maritime
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