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To: SargeK who wrote (39240)	3/8/1999 11:32:00 AM
From: Platter	Respond to of 95453

Sarge,For over a year, IRAN has take most of the responsiblity for oil collapsing, If they toe the line this time, Oil can stabilize at 14.00-14.75, this year...and thats god for OSX 72 and above.

To: SargeK who wrote (39240)	3/8/1999 11:33:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<If, SA and Iran have come to a mutually satisfying agreement, action by the remaining exporting nations is pro forma!>> Just so long as the mutually satisfying agreement isn't: SA acknowledges that Iran's basis for cuts is 3.9 million barrels (not 3.6 million barrels), and Iran acknowledges that SA doesn't have to relinquish any of production quota it took from Iraq. <g>