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To: UnBelievable who wrote (34375)11/6/2000 9:44:37 PM
From: IceShark  Respond to of 436258
 
earlier today. Market knew about it:

www2.marketwatch.com



To: UnBelievable who wrote (34375)11/6/2000 9:44:47 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i see crude back above 33 bucks. note, this is not the first time bullish news on oil from Nigeria were not considered worthy of air time. however, these little production cuts keep showing up in the API stats...week after week...

likewise, the huge jump in China's imports of predominantly light sweet crude are hardly ever mentioned...and yet, China has gone from being self-sufficient to importing almost 6m. bpd. over the past three or four years. and unless the Chinese economy suffers a huge crash, this trend is likely to accelerate...