Steven Pfeifer
![Steven Pfeifer](/assets/img/authors/unknown.jpg)
Steven Pfeifer
chavez proponent strong united
Chavez is a very strong proponent of OPEC and OPEC policies, so we will have a very united OPEC with Chavez in power.
advanced average fell initially major oils percent reaction shares
While Exxon shares initially fell by 4.5 percent on Dec. 1, 1998, in reaction to the merger, Exxon shares subsequently advanced 23 percent through Oct. 16, 2000, outpacing a 17-percent average advance for the major oils and a 17-percent advance for the S&P 500.