Strictly: Drilling and oil-field services Message Board

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

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To: Gary Burton who wrote (53860)	11/2/1999 12:19:00 PM
From: BigBull	Read Replies (1) of 95453

Gary, the one thing that sticks in my craw these days about oil, are all these OPEC guys running around telling each other not to cheat. Almost sounds like they are running scared. So who could it be? Saudi - not likely. Kuwait - Ditto. Indonesia - never complied in the first place. Venezuela - Maybe a little. Nigeria - Maybe in early Oct. but it seems as though the violence is halting a lot shipments. Iran - Bingo! Iran is my candidate for "cheater of the month". <g> This is the only fly I currently see in "inordinately bullish" scenario for oil. <g> We'll know alot over the next week, starting with API's tonight. For now, I still hold to my view that OSX is putting in a bottom.

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