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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (31635)	4/12/1999 10:34:00 PM
From: PaulM	Respond to of 116796

Oil Producers Announce Deeper Cuts in Asia "The world's biggest oil exporter, Saudi Arabia, told customers that supplies in May would be slashed as much as 17 percent in Japan and 19 percent in South Korea." iht.com P.S. "a sudden rise in import costs for crude could curtail the region's recovery because it would prompt a drain on dollars" But what would happen to dollar demand if the oil producers requested settlement in something other than dollars? Now we know why we're stationed in Saudi Arabia.