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To: The Perfect Hedge who wrote (9146)1/22/1998 2:35:00 AM
From: Broken_Clock  Respond to of 95453
 
GD <<off topic>>
Take a look at SEBL.That one looks like your diner but is put'able'.I'm looking to protect my CDG, NE, GW with some SLB puts tomorrow.Globex looks scary.Too much weakness for SLB to hold us up.Kind of spotty action today.OSX kind of "hangin" around, ya know what i mean?Did you short the diner?If it starts sinking tomorrow i would take a look.
Good night, it's been a long day.
D...



To: The Perfect Hedge who wrote (9146)1/22/1998 6:02:00 AM
From: Scott Shumaker  Respond to of 95453
 
London Financial Times - Oil price falls on Saudi quota rumours

THURSDAY JANUARY 22 1998

By Gary Mead and Kenneth Gooding

Suggestions that Saudi Arabia may be about to breach the recently agreed quota of the Organisation of Petroleum Exporting Countries (Opec) sent world oil futures lower again yesterday.

On the International Petroleum Exchange in London, the March contract for Brent blend crude - the international benchmark - hit a low of $15.18 a barrel. In later trading it recovered to $15.27 a barrel, down by 13 cents on the previous day's close.

On the New York Mercantile Exchange, the Nymex March crude contract was similarly weak, falling 13 cents by midday to $16.43 a barrel.
Oil specialists said they saw the current bearishness as fairly entrenched, given that Saudi Arabia is now producing close to its Opec quota of 8.76m barrels a day.