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To: ViperChick Secret Agent 006.9 who wrote (15206)	3/17/1998 9:06:00 PM
From: HH	Read Replies (2) \| Respond to of 95453

Oil up .40 ,,,, Venz ready to negotiate. scalped from AOL Subject: Re: Venz are ready to negotiate? Date: Tue, Mar 17, 1998 20:16 EST From: JJ VET Message-id: platts said that the run up in access trading (april wti at 13.62, + .41/bbl) is due to talk of a possible mtg this weekend between saudis,venz, norway and mexico about the state of the market. api stats came out at 5pm and crude drew a little over 1million bbls, and market rallied a dime or so. but just checked around 7:30 and we are up 40 cents on a few thousand lots of trading so far. also quite a bit of fund selling today on the expectation that opec cannot get their act together. if the story is true, could see quite a bounce. remember in 1986 when wti traded down to 9.75, we traded back up to over 17.00 in may and ended the year around 18.00....