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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (11640)5/24/2004 10:17:10 AM
From: isopatch  Respond to of 108766
 
Elmat. Interesting. Saudi raising the rec cut level twice.

OPEC is really irrelevant. It's all up to the Saudis as they have the only significant amount of spare productive capacity.

Be interesting to see how much of a drop we do get in crude if the go Full Monty and increase 2.5 million bbls/day.

Isopatch