Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RealMuLan who wrote (43462)	4/28/1999 7:47:00 PM
From: Cragganmore	Read Replies (1) of 95453

I believe the 2.1 mbpd includes non-OPEC pledges as well. If this is correct, the compliance % is greater than the 64% you are saying. The following article seems to agree that the mood is bullish ahead of the OPEC compliance number release. biz.yahoo.com I'm including the section I found interesting >>> Prices jumped 20 cents in the early evening on estimates from consultants showing OPEC had cut oil production by 1.35 million barrels a day in April, the first month of a new round of output reductions. This figure showed good compliance by group members with a series of production-cutting agreements reached over the last year to reduce the global oil glut. <<<< Cragganmore

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next