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To: Think4Yourself who wrote (45184)5/21/1999 7:59:00 AM
From: Ken Robbins  Read Replies (2) | Respond to of 95453
 
June NYMEX crude has expired down .08 to 16.80, but July is up .20 to 17.27. Much of the recent price weakness in the June contract could have been due to closing positions prior to expiration.



To: Think4Yourself who wrote (45184)5/25/1999 9:05:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
Royal Dutch/Shell is HURTING!! Glad I don't own this stock right now.

bloomberg.com

Skinner said Shell overspent earlier in the decade, leading
to its relatively low returns on capital invested, a key measure
of efficiency. Shell's return was just 2.8 percent last year
after a $4.5 billion charge to cover the cost-cutting program,
well below the industry standard near 15 percent.

Skinner said he is considering scaling back the company's
marketing of fuels under the familiar red and yellow seashell
logo, now in more than 120 countries. In the months ahead, Shell
may dispose of major refineries or fuel stations in mature
markets of the rich industrialized nations.