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

To: EWS who wrote (28421)	8/26/1998 7:03:00 PM
From: Platter	Respond to of 95453

October crude-oil futures lost ground at the New York Mercantile Exchange Wednesday, but rebounded after news that the meeting of oil ministers from Saudi Arabia, Venezuela and Mexico is on fornext week. The same three ministers earlier this year held meetings that led to output accords among members of the Organization of Petroleum Exporting Counties and non-OPEC oil producers aimed at supportingoil prices. The market reacted bearishly overnight to news that the meeting, been originally planned for Friday, was postponed until anundetermined date. Uncertainty over what the meeting would yield kept bears at bay over the past few sessions. While no one said they expected much to come of the meeting, sellers were worried about the surprise of another output cut announcement. (WSJ Interactive) --------------------CRUDE OIL-LIGHT SWEET--------------------- NYM - 1,000 bbl_dollars per bbl. CONTRACT OPEN HIGH LOW SETTLE CHANGE HIGH LOW Oct 98 13.75 13.84 13.36 13.58 -.19 20.75 13.08 Taken from Infobeat report.............