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: Sharp_End_Of_Drill who wrote (72603)	9/7/2000 6:10:36 PM
From: BigBull	Read Replies (1) of 95453

Hi Sharp! Great to have you with us. A while ago you did a study on the RIG board about crude stocks reserves in Asia. There seems to be some debate over here at SI over whether the world is "swimming in oil". If I'm not mistaken, you said China was down to 7 days? I just read that South Korean stocks were down to about 29 days. It seems only Japan still has a healthy stock levels of something like 160 days. And that will probably stay right where it is. Still this seems to contradict these "rumors" about an Asia awash in crude. So I'm wondering if you would be so kind to reprise that little study for us? TIA Bull

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