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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: SliderOnTheBlack who wrote (71)10/20/1998 10:40:00 AM
From: Kerm Yerman  Read Replies (1) of 318
 
SlidrOnTheBlack/ Oil Price

The same thought was mentioned on CNBC yesterday. Why, after the two explosions. did the price of oil slip.

The analyst they referred to said it had something to do with the spread between crude and crude products - such as heating oil. The spread was too much and either thr price of the products had to increase or the price of oil decrease. The later took place.

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