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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (12851)5/4/1999 7:38:00 PM
From: NickSE  Read Replies (1) | Respond to of 99985
 
Crude Oil's Surge This Year Has Oil Patch Celebrating Industry's Revival
quote.bloomberg.com

New York, May 4 (Bloomberg) -- Hard times in the oil patch may be over at last.

Crude oil climbed to $19 a barrel this week for the first time in 17 months after tumbling to a 12-year low in December. The Standard & Poor's index of international oil companies, including Exxon Corp. and Texaco Inc., rose 35 percent in the past five weeks.