Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Snowshoe who wrote (27615)	8/13/1998 3:30:00 AM
From: Snowshoe	Read Replies (1) of 95453

Mexico, Venezuela energy heads talk biz.yahoo.com Excerpt: Mexico's Tellez said earlier this month it was too soon to begin talking about another cut to world oil production, despite calls from Saudi Arabia and Kuwait to again trim output. ''The way the market is right now...only once the market is convinced the cuts are really taking place, will another round of cuts be useful,'' the source said. A lack of confidence that supply has fallen as pledged has kept prices depressed, with the Brent benchmark near 10-year lows. Mexico's crude mix (CRUDE/OSP9) traded near $9.40 per barrel on Wednesday, compared with $10.63 in the first half of the year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next