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To: Razorbak who wrote (57145)12/18/1999 12:28:00 PM
From: Post_Patrol  Read Replies (1) | Respond to of 95453
 
Razorbak, since you asked anyone we`ll oblige. They can ship all they want now, but the proceeds are still monitored. So it`s no big advantage as of yet.

The Post_Patrol



To: Razorbak who wrote (57145)12/18/1999 1:47:00 PM
From: Rainier  Read Replies (1) | Respond to of 95453
 
Razor:

Maybe this is what you read --

"Friday's U.N resolution eases a $5.26 billion ceiling on the amount of oil Iraq is allowed to sell at six-month intervals. The ceiling will be lifted even if Baghdad makes good on its threat to reject the resolution."

biz.yahoo.com

Given the rebound in crude after the announcement, the consensus seems to be that Iraq doesn't have much excess capacity.

Best regards,

Mike