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To: Broken_Clock who wrote (17260)	3/30/1998 10:22:00 PM
From: Big Dog	Read Replies (1) \| Respond to of 95453

Teddy -- You are starting to take on characteristics of Beeblelicious...this worries me as BB is a bit psycho for now. I don't see this OPECer news as any news. Seems like the market already priced this in today. Maybe we have a little dip in the morning, maybe not. My gut tells me that institutional buyers are ready to load up with our puppies. We'll see. uncle big

To: Broken_Clock who wrote (17260)	3/30/1998 10:23:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 95453

3/30/98 Shell Official Cites Asia For Prediction Of Weak Oil Prices NEW ORLEANS -(Dow Jones)- A top executive at Royal Dutch/Shell Group of Cos. expects oil prices to remain weak for the rest of the year, largely because of lighter demand from Asia. Maarten van den Bergh, group managing director of Royal Dutch Petroleum Co., told the Howard Weil Energy Conference here Monday that the slower economic growth in Southeast Asia will also likely hurt petrochemicals markets. The executive added that his company will continue to increase its oil and gas production, and that he expects its capital investments in 1998 to slightly exceed last year's total of just over $15 billion. He said Shell continues to benchmark its long-term investments using a price of $18 a barrel for crude oil. Because of warmer weather than usual, the company anticipates natural gas volumes will be less than it had planned for the first quarter, he said. Royal Dutch/Shell is the operating company comprising Royal Dutch Petroleum (RD) and Shell Transport & Trading Co. (SC). - Loren Fox; 201-938-5267