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: SliderOnTheBlack who wrote (56088)	12/5/1999 1:03:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

OPEC to move March meeting back to April, or May 2000 - great news ! <<Meanwhile, Venezuelan Foreign Minister Jose Rangel said Friday that OPEC's heads of state summit will "probably" be held in April or May next year. The summit was originally set for the end of March, but a series of other summits led to a postponement.>> dowjones.wsj.com This meeting change along with the current strong compliance; obviously endorses the fact that OPEC will maintain present cuts through the next meeting; which has now been moved back to April, or May, from March. ...strongly bullish news imho.

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