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To: Robert Floyd who wrote (27237)8/6/1998 4:02:00 PM
From: Ken Robbins  Respond to of 95453
 
Charles Maxwell, speaking on CNBC, voiced an opinion that it might be 3 or 4 years before the asian demand for crude recovers enough to boost prices. (Paraphased)



To: Robert Floyd who wrote (27237)8/6/1998 4:06:00 PM
From: Robert G. Harrell  Read Replies (2) | Respond to of 95453
 
Did anyone hear Charles Maxwell's comments a few minutes ago on CNBC? I was only half listening and caught his closing statement that he thought there could be a surplus for 3 or 4 years. Something about a collapse of something in the mideast, I think. What exactly did he say and could someone maybe expand on his argument and then the contrary argument if there is one?

Thanks,
Bob


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