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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (47882)	7/13/1999 2:14:00 PM
From: RealMuLan	Respond to of 95453

<<Traders and analysts polled by Reuters ahead of the weekly inventory report from the American Petroleum Institute forecast a drop in U.S. crude stocks of 1.0 million barrels for the week ended July 9. But the prediction was not unanimous as some analysts saw crude stocks rising by as much as 2.0 million. If the forecasts of a draw hold, it will be the fourth week in a row that crude has declined in the API data. For the July 2 week, crude stocks fell 1.9 million barrels, coming after successive declines of 5.8 million barrels, and 488,000 barrels, according to API data. The forecasters also expected gasoline stocks fell by 1.0 million barrels. They said the July 2 week's demand of 9.3 million barrels per day (bpd) appears to be exaggerated and that some correction was likely in the latest weekly data. Distillates were expected to show a seasonal build of 1.4 million barrels, they said.>> biz.yahoo.com