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To: Platter who wrote (32979)12/16/1998 10:51:00 PM
From: VLAD  Read Replies (2) | Respond to of 95453
 
Platter,

You forgot to mention that winter is finally here.

weather.com

Subtract Iraq's 2mbpd output, get better compliance amongst the oil producer and maybe an additional cut coupled by increased demand in heating oil and maybe even some increased Asian demand and Voila....supply meets demand.



To: Platter who wrote (32979)12/17/1998 7:37:00 AM
From: Crimson Ghost  Respond to of 95453
 
Platter: Today's meeting of the 3 big OPEC producers will determine if this rally has legs. The Iraq developments are good for a decent bounce -- nothing more. But if we see some cutbacks from the big producers -- this may be the start of something big.