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Non-Tech : Abraxas Petroleum (AXAS) -- Ignore unavailable to you. Want to Upgrade?


To: Robert T. Quasius who wrote (34)4/27/1999 7:14:00 AM
From: Carole  Read Replies (2) | Respond to of 67
 
Good Morning Robert.

Tuesday April 27, 5:41 am Eastern Time

RESEARCH ALERT - CSFB raises oil price forecasts

LONDON, April 27 (Reuters) - Credit Suisse First Boston said on Tuesday it had
upgraded its oil price forecast by $1.20 per barrel to $14.45 for 1999 and by $0.75 to $16
for 2000.

In a research note, CSFB said it was also increasing its estimates for the integrated and E&P
companies to reflect its new oil price forecasts, but gave no details.

It said its top sector picks remained Royal Dutch/Shell (quote from Yahoo! UK & Ireland:
SHEL.L), Elf Aquitaine and Enterprise Oil (quote from Yahoo! UK & Ireland: ETP.L).

For research reports, go to Reuters Broker Research on Reuters Web at rbr.session.rservices.com.
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