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


To: BigBull who wrote (33032)12/17/1998 2:07:00 PM
From: drsvelte  Respond to of 95453
 
Just in from Briefing.com

Oil stocks didn't get any help from the Saudi Arabian, Mexican, and Venzuelan oil ministers as they reiterated their commitment to existing oil output cuts, but didn't agree to any further production cutbacks... Crude prices jumped about $0.25 to $12.00/bbl just before their announcement, but immediately dropped $0.80following the report and are now down $1.03 at $11.35/bbl... CRB -3.17... XOI -6.60.



To: BigBull who wrote (33032)12/17/1998 2:08:00 PM
From: Dragon 1  Respond to of 95453
 
Bombing scenes are all over ABC and NBC of Iraq. Heavy bombing is under way and being broadcast live from Bagdad.



To: BigBull who wrote (33032)12/17/1998 2:42:00 PM
From: BigBull  Respond to of 95453
 
These guy are all wrong - oil goes to $.02 a barrel

cda.com

Oil is a lead pipe cinch short.
Short all the drillers, 100% declines just around the bend.
Saddam will die, the spigotts will flow flat out.
Interest rate reductions no longer work, Asia will drop off the earth.
The worlds central banks are pushing on a string, it's the thirties all over again.
Zero point energy is discovered.
Oil is dumped into the sea because it is now worthless.
Global warming eliminates the need for natural gas.
Saudi Princes die pennyless in homeless shelters.
Iranian mullahs renounce Islam and convert to Catholicism.
So sorry I was totally wrong

Just kidding