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

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To: Razorbak who wrote (72257)9/4/2000 6:31:00 PM
From: BigBull  Read Replies (2) of 95453
 
French refinery blows:

quote.bloomberg.com

London, Sept. 4 (Bloomberg) -- Gasoil, a group of fuels that includes heating oil, rose more than 2 percent and neared a nine- year high after a fire closed parts of a French refinery, helping lift crude oil above $32 a barrel.

Total Fina Elf SA reduced output of gasoline following the blaze last night at its Le Havre, France, refinery, the company's largest. The outage comes at a time when U.S. inventories of usable products such as heating oil are down from a year ago, helping lift crude prices by about 50 percent.
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