Archive | March, 2005

Morgan Stanley trades energy in barrels

By Ann Davis, The Wall Street Journal – United Airlines, fighting intense financial pressure, decided in late 2003 it needed a better way to get fuel to its planes. To get that job done, it went to an unusual place: Morgan Stanley. Now, employees of the bank scour the world for jet fuel for the […]

Continue Reading 0

China Woos Latin America in Oil Hunt

By Juan Forero – Latin America is becoming a rich destination in China’s global quest for energy, with the Chinese signing accords with Venezuela, investing in largely untapped markets like Peru and exploring possibilities in Bolivia and Colombia. China’s sights are focused mostly on Venezuela, which ships more than 60 percent of its crude oil […]

Continue Reading 0

Record supplies will depress U.S. exports over 2004

By Hembree Brandon – ARLINGTON, Va. — U.S. agricultural exports are forecast to hit $59 billion in fiscal 2005, down from the $62.3 billion level of 2004, but up $3 billion from USDA’s Nov. 2004 projection. The decline from 2004 is due to record global grain, soybean, and cotton supplies, according to Nora Brooks and […]

Continue Reading 0