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To: JungleInvestor who wrote (41717)4/7/1999 12:52:00 AM
From: Douglas V. Fant  Respond to of 95453
 
JungleInvestor, Note my above article on the world oil markets. April contract nominations of lifting volumes have already been made primarily by most customers-so don't expct OPEC compliance in April to be more than 40-50% including Venezuela. Watch it then pick up in May-June.

Also in this round of cuts not much was asked of Venezuela since they cut pretty heavily earlier in the year......