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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Big Dog who started this subject6/14/2001 6:40:18 PM
From: excardog  Read Replies (1) of 206184
 
Earnings story:

Earnings at major oil firms seen lower in Q2 vs Q1
New York, June 14 (BridgeNews) - Integrated oil companies will see
multi-billion dollar earnings wane in the second quarter of this year as
strong refinery margins will not be enough to offset softer crude and
natural gas prices, said analysts. For the second half of the year, oil
majors could see earnings stabilize at current levels if Iraq insists on
freezing its crude exports, helping to boost prices.
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