U.S. Oil Prices Balloon To $37

Monday, September 18, 2000
U.S. oil prices ballooned to fresh decade highs on Monday as rising tension in the Middle East put traders on red alert over possible supply disruptions from key exporter Iraq this winter. October crude on the New York Mercantile Exchange bolted to a new high of $37.15 a barrel, up more than $1.20, as concern grew that Iraq could disrupt its supplies in the run-up to November's U.S. presidential election. Traders rushed to buy after a warning from Iraqi President Saddam Hussein that fellow OPEC member states should ignore pressure mounted by "superpowers" on producers to rein in runaway prices. next year.

Marine Electronics

Hoppe Marine to Present Smart Shipping Solutions

For decades, Hamburg-based Hoppe Marine has produced onboard measuring and control systems. At SMM 2016 the internationally-positioned family-run company will be

US Coast Guard Announces Final TWIC Rule

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MN100: Baker, Lyman & Co., Inc.

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Offshore

MISC Enters Thai Offshore O&G Market

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Cathelco MGPS for Latest Lamprell-built Jack-up

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New System Monitors Vessel Motion, Impact

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