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To: upanddown who wrote (27219)8/6/1998 12:41:00 PM
From: The Ox  Respond to of 95453
 
About midway through July, we were receiving news reports that OPEC compliance would be lower then they had originally committed to. I would expect the same information to be available some time in August. If Oil prices continue to stay at or below the current level, I would hope that this would help the compliance level.

That's just the way I figure it. Who knows at this point.



To: upanddown who wrote (27219)8/6/1998 12:48:00 PM
From: diana g  Respond to of 95453
 
Re: "What I cant understand is how Iraq produced 2.38 bpd in July when their dilapidated oil infrastructure supposedly limited them to about a milllion less."

John, I believe I read that there was a fluke of shipping dates which made July production seem larger. I can't remember where I saw this.

regards,

diana


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