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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?

To: Rod Copeland who wrote (3390)	8/13/1998 3:15:00 PM
From: Zeev Hed	Respond to of 5504

None on this one, I do no shorting. I have got a lot on Arakis, and had quite some on ABACF as you know. Zeev Zeev

To: Rod Copeland who wrote (3390)	8/13/1998 3:40:00 PM
From: oilstks	Respond to of 5504

Saudi Arabia cutting exports Crude oil rallies; supplies to decline By Mary Kennedy, CBS MarketWatch Last Update: 11:14 AM ET Aug 13, 1998 Agriculture Outlook NEW YORK (CBS.MW) -- Energy futures rallied Thursday after news that Saudi Arabia will cut its oil exports by 18 percent, or approximately 1.1 million barrels, in September. The reduction will help boost the price of oil, which recently fell near a 10-year low. Separately, flooding in China may reduce oil output there, reducing world supplies. Traders also continue to focus attention on heightened tension between the U.N. and Iraq after Iraqi officials stopped a U.N. arms inspection team. On the New York Mercantile Exchange, September crude oil rose 61 cents to $13.32 a barrel, September unleaded gasoline rose 1.58 cents to 42.25 cents a gallon and September heating oil rose 1.17 cents to 35.3 cents a gallon.