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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: chuck weir who wrote (79269)	11/16/2000 8:54:04 PM
From: excardog	Respond to of 95453

Iraq cancels Dec crude sales to customers refusing to pay premium London--Nov. 16--Iraq's State Oil Marketing Organization has cancelled the sale of crude in December to European customers who have refused to pay a premium over official selling prices into a bank account outside United Nations' control, Iraqi crude contract holders said Thursday. Some European contract holders who have refused to pay the premium said they are covering this shortfall with spot crude purchases. The U.N. said it was unaware whether the request, which would violate sanctions, had been made formally. ( Stories .19188, .19764, .20414