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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (4403)	1/6/1998 1:50:00 PM
From: Doug	Read Replies (1) \| Respond to of 24927

Kerm/WTI Prices. Thx for your forecast which made understanding the Energy market a little less complex. Regarding the pricing benchmark, I am confused. The Oilworld site uses a SPC WTI daily posted price .For todays price, it shows $14.75. The Bloomberg Energy site shows OIL and a price of $16.78. Is the daily posted WTI price the one you are referring to in your estimates. If not, how is the WTI Daily posted price related to your price?. Regarding the price dips, we have had 3 major price swings to the downside previously. These occurred 86-87,88-89 and 93-94. The drop in prices of Stocks on those occassions was not as severe as this one. Is there any correlation between WTI price drop and stock price drop?. If you see a max. further down side of 5% in the oil price ,what would this translate to for Stocks.