Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tomas who wrote (64328)	4/11/2000 6:36:00 PM
From: upanddown	Read Replies (1) of 95453

Tomas I think this band concept may eventually prove to be a very strong weapon in OPEC's arsenal. The oil shorts will always have to worry about a quick reduction in output. This was not a problem in the past because OPEC has traditionally been very sluggish in responding to deteriorating market conditions. The shorts will definitely test them to see whether they mean it. If they burn the shorts once, they will be twice-shy. Does anyone have the pre-API guesses? Never saw them. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next