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: SargeK who wrote (40863)	3/25/1999 7:13:00 PM
From: Crimson Ghost	Read Replies (1) of 95453

Bloomberg getting more and more ridiculous. Early today they ran a headline (paraphrase) -- "oil down as traders doubt OPEC will make pledged cuts". But at the close its was -- "oil at 6 month highs as OPEC cuts seen eliminating the glut.". Give me a break! These guys don't know anything. They just quote the latest observations of a few traders and short sellers.

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