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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (24419)	6/19/1998 4:28:00 PM
From: Bernie Diamond	Respond to of 95453

GM, What article doesn't state is that Iraq selling this oil for $8-$9pb. Guess Sadam doesn't mind because its not under UN control and he can do what he wants with the $$$. Heard a Venezuela oil company official on CNBC this afternoon state that production exceeds demand by about 2 1/2 mb/d. He didn't know how much production was actually cut as per recent agreements (or he wouldn't say!). He further stated that he recognized the importance of keeping oil priced at "acceptable" levels for the world economy. Bernie