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To: oilbabe who wrote (50379)9/3/1999 4:00:00 PM
From: BigBull  Respond to of 95453
 
Oilbabe - Yeah but who exactly is Reuters quoting? One of our now infamous Analysts? I seem to recall a recent period when oil slid from 19 to 16 when an analyst suggested that a certain South American country was "cheating". Subsequently we learned that suggestion was based on, ahem, faulty information derived from unreliable sources.

Note: I'm not mentioning names, dates, nor am I using terms such as "fraudulent" as I wouldn't want to get sued for libel. <g> However, I would advise anybody to take anything said by "analysts" with a huge grain of salt - especially if they have an axe to grind.

Caveat - Any and all allusion to names, dates, events, or countries in this post are purely fictional and do NOT represent any connection to real names, dates, events, or countries.



To: oilbabe who wrote (50379)9/3/1999 4:02:00 PM
From: A. Geiche  Read Replies (2) | Respond to of 95453
 
Oilbabe - Petrologistics are probably wrong:

quote.bloomberg.com

There is nothing wrong in being wrong, however.. Even Slider may be wrong..



To: oilbabe who wrote (50379)9/4/1999 3:34:00 AM
From: upanddown  Respond to of 95453
 
Bloomberg has OPEC compliance much higher...

The Organization of Petroleum Exporting Countries made 95 percent
of its promised 4.3 million barrels of daily output cuts during
August, according to a Bloomberg survey of oil companies, analysts
and producers. That's up from a revised 93 percent in July and
demonstrates that OPEC is sticking to production cuts even with
prices close to two-year highs.

John