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

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To: enervestor who wrote (56526)12/9/1999 7:59:00 AM
From: Terry D  Read Replies (1) of 95453
 
This sounds about right -

"Gulf sources have been fine-tuning their position on prices, which heaps on conditions before considering a possible collective decision to ease output restraints. Key to this view is that WTI would need to be over $25 for a sustained period, based on real fundamentals, not speculation, and a clearly tightening market outlook of high demand and low inventories."
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