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

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To: russwinter who wrote (20835)	3/26/2003 7:10:46 AM
From: Tomas	Read Replies (2) of 206133

ABN Amro Raises Oil, Gas Forecasts By Stephen Voss London, March 26 (Bloomberg) -- ABN Amro Bank NV, the largest Dutch bank, raised its 2003 forecasts for crude oil and natural gas prices because of low inventories and supply risks such as oil-production problems in Nigeria, analyst Peter Nicol said. The bank's forecast for Brent crude oil was raised $1.75 to $26.75 a barrel. West Texas Intermediate, the U.S. benchmark associated with New York futures, was raised $2.25 to $28.25. ABN Amro also upped its U.S. natural gas price forecast by 85 cents, to $4.85 per thousand cubic feet.

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