Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (35243)	3/24/1998 11:17:00 AM
From: Mohan Marette	Read Replies (2) \| Respond to of 176388

OT+OT: Oil Lee: Here is the latest from Bloomberg on the production cut by OPEC.We knew that already,hummmm..<gg> ---------------------------------------------------------------- Top Business/World News Tue, 24 Mar 1998, 11:03am EST Crude Falls on Skepticism Over Production Cuts: Energy Markets Crude oil fell more than 2 percent on skepticism that all 13 of the world's oil producers who have pledged to cut production to boost prices will follow through on their promises. The 13 producers who have committed to curbing supply have pledged cuts of at least 1.3 million barrels a day, or 1.7 percent of world supply. Even if those cuts are made, the world still may be oversupplied with crude. Analysts estimate that as much as 2.5 million barrels a day are going into storage.