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: dfloydr who wrote (44919)	5/21/1999 6:18:00 AM
From: Think4Yourself	Read Replies (2) of 95453

Gee, Gas in Japan is CHEAP at about $2.80 a gallon?? Wonder how many SUV's are sold over there!! More about Shell's problems... bloomberg.com Royal Dutch/Shell Says It May Sell, Merge Refineries in Asia to Cut Costs ... Oil refiners in Singapore, the world's third largest refining center, are losing $1.86 for every barrel of Dubai crude oil refined. ... Japanese refiners have struggled to maintain profit margins as the price of crude oil rose this year and gasoline prices fell. The average local price for regular gasoline in April was 91 yen (73 U.S. cents) per liter, 3.2 percent lower than the same month last year, according to Japan's Oil Information Center. ...

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