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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Richard Saunders who wrote (5098)5/27/1998 2:40:00 AM
From: Kerm Yerman  Read Replies (2) | Respond to of 24921
 
Richard

I agree that companies sould be factoring lower crude estimates compared to what they were using back in March. Based upon most new estimates, $17.00 bbl seems to be the popular number.

I think $16.00 is appropriate if applying round numbers - maybe $16.40 to be specific. Year to date thru 5/22, WTI Crude has averaged $15.66 per bbl.