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To: diana g who wrote (50097)	8/31/1999 8:29:00 AM
From: Roebear	Read Replies (1) \| Respond to of 95453

diana g, RE: <<''We should not make any changes to output policy until after the winter when inventory levels will have been drawn down to acceptable levels, and we reach our target price of a $21 average for an OPEC barrel for the year. Prices are still only about $15 a barrel year-to-date,' Ardebeli said.>> <<This talk of wanting an Average price for the year of $21 is Not what OPEC has been saying.>> Au Contraire, I have read this comment before, about 6 -8 weeks ago in an OPEC quote very similar to this one. Unfortunately, I did not save the URL and am relying on my not totally infallible memory VBG. Personnally, I do believe that OPEC is doing an unprecedented fine job of influencing the markets with their comments, they must have spent a lot of time watching CNBC or Big Al The Market Mover while oil was in the doldrums last year. I tend to agree with Sliders suppositions as to their motivations Best Regards, Roebear