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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Douglas V. Fant who wrote (49871)8/25/1999 7:31:00 PM
From: Roebear  Read Replies (1) of 95453
 
Douglas,
Perhaps the German budget pressures helped them decide to market time their oil sales from strategic reserve:

tampabayonline.net

I was beginning to feel like I was in the gold stocks just before the BOE sale!
Could you put a perspective on the German oil sales in relation to the recent drawdown in crude here in US, it seems like it would only help OPEC maintain the current production cuts, as mentioned previously.

Best Regards,

Roebear
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