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To: upanddown who wrote (23876)6/11/1998 6:54:00 PM
From: pz  Respond to of 95453
 
John,

I sit in amazement everyday as oil continues to collapse and I hear of more rigs being stacked. Just today I heard that a Key Energy rig finished a well and had no place to go....dang this is depressing.

I didn't think OPEC would let oil fall this far...where is Saddam when you need him...ggg

Paul



To: upanddown who wrote (23876)6/11/1998 6:55:00 PM
From: Broken_Clock  Respond to of 95453
 
John....

--NYMEX Jly crude futures expire Jun 22; Jly crude options expire Jun 17.
Jly products options expire Jun 25; while Jly products futures expire Jun
30.

I think a retest of osx 88 is a given and lower still is certainly possible.