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

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To: marc chatman who wrote (27618)8/13/1998 8:06:00 AM
From: diana g  Read Replies (1) of 95453
 
marc, do you know if this is a new, surprise reduction, or is it part of the previously pledged reductions?

Re: "Saudi Aramco has informed its crude oil customers in Europe and the United States of an across-the-board reduction in contract sales amounting to about 18 percent for September, trading sources said on Thursday. "

regards,

diana
EDIT-- Looks like crude is Up; That may answer the question.
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