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: The Ox who wrote (39349)	3/9/1999 5:48:00 PM
From: John Carpenter	Read Replies (4) of 95453

Venezuela is hell bent on not cutting. How the Saudis and Iranians are going to cut without the Venezuelans on board beats the hell out of me. The Iranians are full of shit anyway- they didn't keep their promise last time why should they now? With the failure to get the Venezuelans on board, it looks like they'll just roll over the existing cuts which really means that the OPEC meeting will amount to what it always amounts to- a big nothing. WTI down 11 cents to $13.74 after hours.

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