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To: Gary Burton who wrote (38702)	3/2/1999 6:22:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

Gary, Do you read the Noesis update? he gives very good in depth coverage on storage supplies/levels as well as the "why" behind buildups and drops in total storage. He is still calling for a further bottom in late March, unless refineries curtail imports.

To: Gary Burton who wrote (38702)	3/2/1999 6:23:00 PM
From: Crimson Ghost	Respond to of 95453

Could this be a not so subtle hint from Iran about what may happen if Gulf Arabs do not agree to cut? Free! Subscription Requests \| Comments Jobs \| Reader news tips ArabicNews.Com Today's: Front Page Daily Page Old Issue's: Front Page Daily Page Iran regrets Arab League statements over Gulf islands United Arab Emirates, Politics, 3/2/99 Iran has expressed regret over the recent statement released by the Arab League which criticized Iranian military maneuvers underway in the waters of the Arab Gulf and its assertion of control and sovereignty of the United Arab Emirates on the three islands of Greater Tanb, Lesser Tanb and Abu Mousa. Spokesman for the Iranian Foreign Ministry Hamid Rida Asify said the objective of the Iranian maneuvers is just to keep up with the readiness of the Iranian forces in defending the sovereignty of Iran and its territorial integrity. He stressed that these Iranian maneuvers are not targeting any country and do not constitute any danger for the security of the Gulf region. Asify added that Iran's defense force constitutes a guarantee to the security and stability of the region and all countries overlooking the Gulf. The Iranian spokesman stressed Iran's control of the three islands. He added that his country had announced repeatedly its readiness to hold talks with the UAE in order to eliminate the misunderstanding on the grounds of a 1971 agreement signed between the two countries. The Iranian spokesman expressed regret, saying the Arab League had resorted to a provocative way of dealing with this issue instead of encouraging the UAE to maintain dialogue with Iran. Previous Stories: Iranian maneuvers near Abu Mousa island 3/1/99 Iran regrets GCC statement over UAE islands 3/1/99 UAE lodges complaints against Iran 2/27/99 Copyright © 1998 Arabic News .com . All Rights Reserved. Send comments & suggestions to the webmaster. ArabicNews.com is a trade mark of ArabicNews.com Arabic news Arab news is accessible through IBM compatible PC Microsoft Windows 95, Microsoft Windows 98 and windows NT, Apple Macintosh and SUN Java and UNIX browsers and DOS, and may be available through Active-x Microsoft Explorer and Netscape Navigator and communicator with channel and pointcast support.