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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (48341)8/10/2000 3:08:38 PM
From: arno  Read Replies (1) of 63513
 
I did find this....

Kuwait has mobilized part of its army in response to threats made by Iraqi President Saddam Hussein, Bridge News reported, sparking market fears that the tension could affect oil exports from the two countries.

However, "the critical issue is the inventories," said Tim Evans, a senior energy analyst at New York-based IFR Pegasus.

Supplies are tight right now, but if inventories were at higher levels, Evans said, the Middle East tension wouldn't make as much of a difference because the market wouldn't likely see it as an immediate threat to supply.


cbs.marketwatch.com

I hope NTAP doesn't base. I'm short.... <gg>
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