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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Jdaasoc who wrote (11653)2/23/2001 4:07:11 PM
From: Crimson Ghost  Respond to of 30051
 
Possible good news on the inflation front:

Oil is now $29.

OPEC Head Says Group Won't Cut Supplies if Oil Stays at $25
By Yi Ping Ho
Staff Reporter
2/23/01 10:53 AM ET

OPEC's secretary general said the group probably won't cut world oil supplies next month if
prices stay around the target price of $25 a barrel.

Ali Rodriguez, the secretary general of OPEC, made the comments in a recent television
interview. The OPEC members are scheduled to meet March 16 in Vienna.