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


To: Snowshoe who wrote (27617)8/13/1998 7:42:00 AM
From: marc chatman  Read Replies (3) | Respond to of 95453
 
News of Saudi Cuts:

Oil prices also gained from their near 10-year lows, with September Brent futures rising 20 cents to $11.97 a barrel on news of surprise Saudi cuts.

Saudi Aramco has informed its crude oil customers in Europe and the United States of an across-the-board reduction in contract sales amounting to about 18 percent for September, trading sources said on Thursday.


Source: biz.yahoo.com