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To: CpsOmis who wrote (67418)6/1/2000 4:45:00 AM
From: jim_p  Read Replies (2) | Respond to of 95453
 
If the OPEC export basket price, which stood at $28.46 per barrel Tuesday, remains at that level for five more market days, OPEC should announce an automatic hike of 500,000 barrels per day (bpd) on June 6 because its 20-day average will have breached its $28 per barrel limit.

slb.com

Jim