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: Tomas who wrote (66596)	5/19/2000 8:12:00 AM
From: Think4Yourself	Read Replies (2) of 95453

Brent crude oil for July settlement (COA CT) rose as much as 28 cents, or 1 percent, to $29.20 a barrel on London's International Petroleum Exchange. The gain reflected demand from investment funds and expectations oil-products supply in Europe will decline following BP Amoco Plc's decision to reduce refinery operation rates in Europe because of poor profit margins, traders said. (News: NI OIL) Sounds like a little old fashioned inflation is about to strike Europe?

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