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Today with price of oil above $15 on hopes that OPEC and other non-OPECs will constrain production, I feel oil services will not achieve earnings boosts until the price is demand driven. Demand requires growth in recession-hit Asia, and high oil prices would not help that growth. However, it would help financials of oil companies with productive reserves. Triton energy is one such company trading on the NYSE: OIL quote.yahoo.com Triton Energy Limited is a Dallas-based international oil and gas exploration and production company with major oil and gas assets in Latin America and Southeast Asia. For more information about Triton: tritonenergy.com . | ||||||||||||
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