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

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To: jim_p who wrote (71906)8/29/2000 8:00:19 AM
From: Think4Yourself  Read Replies (2) of 95453
 
Crude oil for October settlement (COA ) rose as much as $1.10, or 3.6 percent, to $31.49 a barrel on London's International Petroleum Exchange, among its highest prices in the past decade. Traders are awaiting a report from the U.S. that may show heating oil inventories are about 39 percent below levels last year, which would add to concerns that supplies may run short during winter, when demand peaks.

Gasoil for September settlement (QS1 ) rose as much $13.25, or 4.4 percent, to $315.50 a metric ton on London's International Petroleum Exchange, its largest percentage gain in nearly three weeks, on worries of a shortage of immediate supplies in Europe and low inventories in the U.S. (News: NI OIL)

quote.bloomberg.com
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