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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL
CWEI 131.900.0%Apr 25 5:00 PM EST

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To: Buzz Mills who wrote (221)12/23/1996 4:15:00 PM
From: Buzz Mills   of 1017
 
CWEI closed @ 17 1/4, unchanged, Bid 17 1/8 X Ask 17 3/8..Vol 42K

After trading up to its historical high of 17 5/8, CWEI sold off slightly in the afternoon to close unchanged at 17 1/4. The Bid and Ask are higher than Friday's close, which is positive. The consistent buying this morning is a positive sign. Independent oils were up 0.04% today. The Spot price for oil remains close to $26.00/barrel, following is the February futures price for oil.

At 1600 EST Oil is at $24.79, down 0.29 (CWEI rcvd $21.19 in Q3)
At 1600 EST Gas is at $4.25, down 0.32 (CWEI rcvd $2.62 in Q3)
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