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To: Gary Burton who wrote (44839)5/16/1999 8:17:00 PM
From: dfloydr  Respond to of 95453
 
Odd ...

I see June Crude is -.12
while July Crude is +.18

Have we got some sort of anomaly here? Or arbitration of a sort? Or are the markets just illiquid and irrational over the weekends?



To: Gary Burton who wrote (44839)5/16/1999 11:58:00 PM
From: sammaster  Respond to of 95453
 
lots of idle capacity around...crude can go lots lower
i dont see how this current price can be sustained given that it is artificially controlled by opec...
what if american comapnies start hiring a bunch of rigs in the GOM?

any thoughts?
samir