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To: drsvelte who wrote (17867)4/3/1998 9:37:00 AM
From: David Musolff  Respond to of 95453
 
China announces this morning a 150,000 bpd cut in exports. This from FGII
thread at Yahoo. This may have been announced earlier but I have not seen it.
Looks to me that with the firming oil prices the market is perceiving that more countries than originally thought are jumping on the band wagon and we will head closer to the 2mm bpd cut that was originally sought.
Dave M.