Strictly: Drilling and oil-field services Message Board

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

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To: XOsDaWAY2GO who wrote (25304)	7/8/1998 11:12:00 AM
From: P.Prazeres	Read Replies (1) of 95453

Take this for what its worth...[from the ESV thread on Yahoo] <Just spoke to a broker friend Jul 8 1998 10:55AM EDT He is hearing that the API numbers are very very BULLISH. There is talk that the glut is coming to an end. Expect the shorts to slowly start covering. and if the next API numbers confirm yesterday's, then look out, OPEC's wishes will come true and oil should spike to $16 and build from there. >

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