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Strategies & Market Trends : Asia Forum

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To: Dayuhan who wrote (8367)3/21/1999 3:09:00 PM
From: Zeev Hed  Read Replies (1) of 9980
 
Steven, I think that oil supply can be manipulated on a short term basis, but what really count is what is the oil pumping capacity, and that exceeds the current demand by quite a lot. The oil service sector will really start and recover when capacity starts to be more in equilibrium with demand, IMHO.

Zeev
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