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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: marc chatman who wrote (46588)6/22/1999 9:32:00 AM
From: marc chatman  Read Replies (4) of 95453
 
UNITED NATIONS (AP) - Despite opposition from some Security Council members, Britain is preparing to introduce a resolution that would suspend the oil embargo on Iraq if Baghdad answers the remaining questions about its weapons programs.

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dailynews.yahoo.com

I would have thought that the Brits would have wanted to help their sagging oil business, but it appears they are content to let it twist in the wind. Why should they be any different from the US? I suppose this is the impetus to push crude back toward $16.
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