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Strategies & Market Trends : MDA - Market Direction Analysis

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Jan 23 4:00 PM EST

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To: Les H who wrote (12851)	5/4/1999 7:38:00 PM
From: NickSE	Read Replies (1) of 99985

Crude Oil's Surge This Year Has Oil Patch Celebrating Industry's Revival quote.bloomberg.com New York, May 4 (Bloomberg) -- Hard times in the oil patch may be over at last. Crude oil climbed to $19 a barrel this week for the first time in 17 months after tumbling to a 12-year low in December. The Standard & Poor's index of international oil companies, including Exxon Corp. and Texaco Inc., rose 35 percent in the past five weeks.

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