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To: JungleInvestor who wrote (40130)3/16/1999 5:47:00 PM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
The API numbers are here, compliments of the Greywolf site you posted (under OIL NEWS).

16 March API Stats

* API: U.S. Refinery Operating Capacity Up 0.2% to 93.3%

* API: U.S. Distillate Stocks Fall 4,501,000 Barrels

* API: U.S. Motor Gasoline Stocks Fall 6,979,000 Barrels

* API: U.S. Crude Stocks Rise 4,730,000 Barrels Latest Week

Greywolf note: I know that analyst's are going to say "well the cut's are fine but compliance is going to hurt the cause..". Well that may be true but with the breath of agreement one has to wonder if this is not a sneek peek at the "New" OPEC-NONOPEC. Or maybe the article below this one is right, that we are on the verge of a "kill the oposition" movement by the OPEC nations..



To: JungleInvestor who wrote (40130)3/16/1999 5:59:00 PM
From: BigBull  Respond to of 95453
 
Thanks for the GreyWolf site, Jungle, here's the initial market reaction:

Crude Oil(NYM)(Access) Apr 14.42 14.59 14.40 14.59 +0.13 3/16/99 14:38 14.59 14.58
Heating Oil(NYM)(Access) Apr 37.85 38.25 37.61 38.25 +0.48 3/16/99 14:38 38.20 38.10
Heating Oil(NYM)(Access) Apr 37.85 38.25 37.61 38.25 +0.48 3/16/99 14:38 38.20 38.10
Unleaded Gas(NYM)(Access) Apr 44.70 45.35 44.60 45.35 +0.68 3/16/99 14:38 45.34 45.30
Unleaded Gas(NYM)(Access) Apr 44.70 45.35 44.60 45.35 +0.68 3/16/99 14:38 45.34 45.30
Natural Gas(NYM)(Access) Apr 1.720 1.742 1.720 1.730 +0.013 3/16/99 14:39 1.730 1.729