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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: Alex who wrote (8439)3/17/1998 9:20:00 PM
From: Abner Hosmer  Read Replies (1) of 116779
 
FOCUS-Oil drifts at nine-year low as supply swells
biz.yahoo.com

>>Oil could dip below $10 a barrel by the summer and fall to just $7 later this year unless OPEC takes action to substantially reduce supplies, London's Centre for Global Energy Studies said.

''A tidal wave of oil is waiting to engulf the industry this year unless something is done,'' the London-based think-tank said.<<
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