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To: Think4Yourself who wrote (40184)3/17/1999 10:42:00 AM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 95453
 
The Street is trying very hard to keep a ''Lid'' on this untill the meeting

The Street will NOT make a major bet here untill after the final agreement comes out of the OPEC meeting. They want a ''sure thing'' and are trying very, very hard here to keep a lid on the OSX. We shall see if their efforts succeed...

Bloomberg has 2-3 negative spin articles. Here is one on Iraq's production negating the effect of OPEC cuts... ''Doomberg'' is back...

bloomberg.com

Does anyone think the US bombing of the Iraq pipelines was a coincidence, or an accident ? - (not hardly...) imho we will keep Iraq in line - ''if'' OPEC does the right thing - that is the US message imho. A rise in Oil prices to ''normal'' historic ranges in a slow controlled enviroment is good for the Global Economy and US Policy.