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To: IceShark who wrote (17034)	9/10/2000 1:57:46 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Ice, I heard the agreement was 800K BB/day....but of course the Saudi's were already cheating to the tune of 600K prior to the meeting (for the last month). We'll need to follow the inventory numbers to see if it matters, IMO. Probably will see a drop in prices (of crude, at least) on the spot market tomorrow.

To: IceShark who wrote (17034)	9/10/2000 2:17:37 PM
From: patron_anejo_por_favor	Respond to of 436258

Ice, here's a link that indicates that the 800K is over current quotas (and the Saudi's have admitted to already exceeding quotas by 600K). So we get an extra 200K...yawn. quote.bloomberg.com Oh and buy the way, Nigeria had to cut back an additional 130K BB/Day due to an oil spill this weekend. moneynet.com@NEWS-P2&Index=3&HeadlineURL=../CategoryNews/CategoryNews.asp&DISABLE_FORM=&NAVSVC=News\Category Net effect of events this weekend: +70,000 barrels/day. Might even see spot crude prices up tomorrow...