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: Captain James T. Kirk who wrote (44761)	5/14/1999 1:02:00 PM
From: Think4Yourself	Read Replies (1) of 95453

I found this sentence in the article you posted to be very interesting. Suggests supply STILL being cut even deeper well into June. Given the 2 month tanker lag and SA/others having to finish contract shipping requirements in April, things are going to get VERY interesting soon!! API numbers will be SLAMMED in August. ------- Meanwhile, the June loading program for Norway's Oseberg crude oil schedules the equivalent of 17 standard-sized 500,000 barrel cargoes to load, down 45% on May loadings, according to an equity holder in Oseberg.

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