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To: Snowshoe who wrote (32521)12/6/1998 9:50:00 PM
From: Gary Burton  Respond to of 95453
 
Since he doesn't take office till Feb. Venezuela will likely not be able to agree to any oil cutbacks etc in any mtgs with OPEC brought forward ealier from current March schedule. And the Saudis won't likely make any comment or decision about cutbacks until they get the new gov't in the same room



To: Snowshoe who wrote (32521)12/6/1998 9:57:00 PM
From: diana g  Read Replies (2) | Respond to of 95453
 
Re: <<<Chavez does not assume office until February...>>>

But he has already begun talking about his intentions. Statements from him irt OPEC production agreements, etc will be affecting markets.

regards,

diana


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