SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (1039)6/28/2000 8:53:00 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
yes...there may be some spare capacity left in Saudi Arabia, but that's not likely to be more than 1,2m bpd after the recent quota hike. and the remainder of OPEC, which has been running full tilt for months now doesn't want that to get on-line.
another interesting development is that both Norwegian and Venezuelan oil workers are threatening a strike. even a small, two-week long strike would bring the tenuous supply/demand balance close to a crisis point imo. currently the market is banking on those strikes being averted though. we'll see...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News