Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Baldur Fjvlnisson who wrote (1920)	2/16/2001 12:23:19 PM
From: TobagoJack	of 74559

At least the FED does not need to worry about OPEC adding fuel to the firestorm ... QUOTE OPEC ministers "most likely" will decide to cut the cartel's oil output to keep crude prices stable when they meet March 17, a Gulf source familiar with Saudi oil thinking said Friday. UNQUOTE Cut production by 500k barrels per day, tack $2 per barrel to the millions of barrels sold per day. The math works and the Arabs have been trading for centuries.

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