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

To: Redman who wrote (6281)12/30/1997 2:00:00 PM
From: Lazlo Pierce  Read Replies (2) | Respond to of 95453
 
All, Question here. I've heard the debates as to RIG vs DO, similar price and all that, but now that DO is trading for more than CDG what are the thoughts here? Thanks

Dave



To: Redman who wrote (6281)12/30/1997 2:31:00 PM
From: Tulvio Durand  Respond to of 95453
 
World oil demand will climb 2.4% (+1.8 MM barrels to reach 75.7 MM barrels) in 1988 -- today's IBD. The expected increases: Developing countries, except OPEC countries, +1.2 MM barrels Industrial countries, +0.5 MM barrels Russia, +0.1 MM barrels The developing countries' increase represents a 5.8% gain to 21.9 MM barrels. Tulvio


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