People would be very satisfied if we exited 1999 with prices in the $14 to $16 range.

165

In the run-up things were looking quite promising and solid, and now it really is a matter of, can they comply and of looking at the (oil) companies and seeing which are able to withstand relatively low oil prices.

152

It's a fairly significant jump. But there is no fundamental reason for it to go up. There was a little blip before when there was the threat of action. But last time there appeared to be no reduction in output from Iraq during the four days of military conflict.

91