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To: Brad Baker who wrote (45555)5/27/1999 11:12:00 AM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Good question Brad. I'm sure someone on the thread knows where and when timely (and very important - READABLE) OECD numbers may be obtained. John T. Clark perhaps, Slider, Doug Fant, K.L.? How about it guys, can you help us out?

Re. Europe, Asia supplies.

It is my understanding that European supplies are pretty top heavy, and this is why Saudi announced that they would be cutting supplies to their customers there by 35% in June. They are "only" cutting supplies to Asian customers by 17% indicating that the early (April)cuts there may have been effective. Saudi has also said they will be cutting 21% in the US. If other ME producers join the Saudi to Europe, US "cut party", then the Saudi's may just get 18 - 20 Brent. Remains to be seen though.