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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: marc chatman who wrote (43880)5/4/1999 7:13:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
API: Greater than expected reduction in crude of 1.77 million barrels. Analysts expected little change. (see last paragraph)

quote.bloomberg.com

And, in the spirit of the OPEC cuts, ARCO is pitching in with a 90,000 bpd reduction.

Arco sees oil output declining in second quarter

By Timna Tanners

LOS ANGELES, May 4 (Reuters) - Atlantic Richfield Co. said on Tuesday it expected its oil and gas production to fall by 90,000 barrels a day of crude oil equivalent in the second quarter because of seasonal factors in its Alaskan and North Sea fields.

....


newsalert.com