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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks
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To: Esway who wrote (903)2/4/2000 12:15:00 AM
From: Esway   of 5499
 
13:27 ET OPEC Update : From Reuters -- World Bank energy economist, Shane Streifel, predicts OPEC will raise oil production. Increase could be as much as two mln barrels per day and could come as early as their March meeting. Streifel said if there is no increase, prices will likely rise above their current $28 level. Assuming an increase in production, Streifel says we'll see prices drop after Q1 and settle in the $20 area in 2H00
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