SI
SI
discoversearch

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: Tulvio Durand who wrote (24676)6/24/1998 3:39:00 PM
From: marc chatman  Respond to of 95453
 
Don't forget the non-OPEC countries. The market is fully expecting many of them to step in and sell more oil if the OPEC cuts materialize. And the OPEC countries know this and will therefore continue to cheat.



To: Tulvio Durand who wrote (24676)6/24/1998 3:42:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
Tulvio....
I agree with you on this one. Until we see stotage dropping there will be no rise in crude price. Methinks OPEC is talking oil up(Ha!) until winter and hoping for la Nina effect to deplete storage and boost price up. traders have been burned three times this past 6 months by OPEC. The INCREASE last fall, the first cut and now this mealy mouthed second cut.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News