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Microcap & Penny Stocks : Superior Energy Services-SESI -- Ignore unavailable to you. Want to Upgrade?

To: nick nelson who wrote (481)	6/12/1999 2:26:00 PM
From: nick nelson	Read Replies (1) \| Respond to of 522

Energy News Sat, 12 Jun 1999, 1:56pm EDT Tellez said that he expects crude oil prices to rise by as much as $4 a barrel as inventories are depleted after a year-long glut. Tellez said his target price for Brent crude was $18 to $20 a barrel. That would translate into New York crude prices at $20 to $22 a arrel. ''I am optimistic,'' Tellez said. Some traders are buying in case a strike disrupts supplies and boosts prices. ''We could be in a world of hurt if there's a strike,'' said John Kilduff, senior vice president of energy risk management at Fimat USA Inc. in New York. quote.bloomberg.com