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To: patron_anejo_por_favor who wrote (7828)	8/1/2000 7:17:40 PM
From: Ken98	Respond to of 436258

<<Oil futures set to rocket higher API data on crude stocks drawdown called ‘shocking' By Lisa Sanders, CBS.MarketWatch.com Last Update: 5:56 PM ET Aug 1, 2000 NewsWatch Latest headlines NEW YORK (CBS.MW) -- Crude futures shot up 40 points in overnight trading after the American Petroleum Institute reported that oil stocks fell 9 million barrels in the latest week. "This almost seems too unbelievable to be true," said Phil Flynn, senior markets analyst at Alaron Trading. In comparison, he noted, the market expected stocks to build by 300,000 to 700,000 barrels. "Where did the crude go?" Flynn said that if the Energy Department confirms the number Wednesday, crude would take a rocket ride.>> cbs.marketwatch.com