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


To: Harold S. who wrote (25261)7/7/1998 6:08:00 PM
From: Redman  Read Replies (3) | Respond to of 95453
 
To all:

This 658,000 surplus according to API is a very bullish sign considering analyst were expecting 2-3 million surplus, as stated previously, and that did not include the surprise out of Iraq. Iraq unloaded 2.4 million barrells of oil a day on the market last week and analyst topped their capability at 1.8 million per day. Considering this 600K excess over views, this slight surplus on the week is good indeed.

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