SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: oilbabe who wrote (53189)10/19/1999 11:12:00 AM
From: dfloydr  Respond to of 95453
 
In the same article:

<< Chaves rules out more output>> while on tour in Hong Kong,

but

<<Government officials have said they are betting that OPEC will abandon at least some of its cuts after March, leading way to South America's largest producer pumping more oil beginning in the second quarter of the year>>

Hmm ... ? The grunts do not seem to have gotten the message. Somehow Venezuela is always being quoted as restless to break the OPEC guidelines. They do not have their circus well organized. Wonder what the grunts like about $15/bbl oil?

I wonder what extra capacity Venezuela might actually have these days?