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

To: The Perfect Hedge who wrote (3623)	11/24/1997 12:45:00 PM
From: Iceberg	Read Replies (1) \| Respond to of 95453

>Can you copy it?The link's not working GD, Sorry it didn't work. Here it is. Reference: search.washingtonpost.com Story: Saudis Call for Higher Oil Output JAKARTA, Indonesia (AP) -- Saudi Arabia's call to raise OPEC's official oil production ceiling by up to 2 million barrels a day might work, the Kuwaiti oil minister said today. Issa Mohammed al-Mazidi said he stopped short of predicting all the members could be talked into the idea. Iran and Indonesia are among those expected to fight the Saudi proposal, which could spook oil traders with fears that OPEC might flood the market with crude oil. The move would push crude prices lower. Aside for making room for limited crude oil sales by Iraq, OPEC has not adjusted other members' production quotas for four years and any talk of new quotas would bring the toughest discussions the ministers have had since then. Ice