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

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To: Flan who wrote (6696)1/6/1998 11:37:00 AM
From: Teddy  Read Replies (1) of 95453
 
biz.yahoo.com
...When the Islamic feast of Ramadan ends around the first week in February, unresolved issues between Iraq and the U.N. over
Iraq's compliance with the U.N. sanctions are expected to resurface, analysts said.

''... we have to address the confrontation between the UN and Iraq over weapons inspection and the UN appears more
convinced than ever that Iraqt warmer weather in the U.S. was pressuring demand for heating oil and natural gas.

''The more abrupt the downturn, the better to shake out all the pessimism,'' said Nowak.
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