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

To: Stephen L. Smith who wrote (14822)	3/14/1998 11:10:00 AM
From: Lucretius	Respond to of 95453

Finance - Petroleum Report for Friday, March 13, 1998 Crude and heating oil ended lower Friday on the New Mercantile Exchange, while gasoline settled slightly higher. Crude had been in positive territory until the very end of the session as traders short-covered ahead of the weekend. Crude oil futures had rallied earlier Friday on news that a subcommittee meeting of the Organization of Petroleum Exporting Countries has been postponed. OPEC Secretary General Rilwanu Lukman said Friday that the OPEC Ministerial Monitoring Subcommittee meeting set for Monday has been postponed until March 30. That prompted speculation that a decision was more likely by OPEC members to cut crude output to battle flagging prices.