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Strategies & Market Trends : games trader group

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To: LaFayette555 who wrote (163)10/11/1999 1:31:00 PM
From: goldsnow   of 507
 
Worldwide demand for oil will rise 2.5 percent in the last
three months of the year to 77.2 million barrels a day, up from a
2.4 percent rise estimated last month. The higher demand could do
much to wipe out a plunge in prices last week after reports that
OPEC output was rising.
``The fundamentals really haven't changed from a week ago'
when prices were 15 percent higher, said Tom Bentz, a trader at
Paribas Futures Inc.

quote.bloomberg.com
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