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

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To: marc chatman who wrote (17327)3/31/1998 1:59:00 PM
From: marc chatman  Read Replies (1) of 95453
 
An article on how the majors view the OPEC pact:

newsalert.com

An excerpt:

Amoco Corp. Chief Executive Larry Fuller told the U.S. National Ocean Industries Association on Monday that he expected oil prices to continue to swing violently. "Incidentally, I do not believe that the recent pledges by OPEC and other producing countries guarantee higher prices. A wait-and-see attitude is appropriate," he said.
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