Dear PIRA Client:

The following Current News & Analysis articles have been published on PIRA's
website:

1) OPEC: Pain Is Beginning To Work
2) US To Begin Major Build In SPR Crude Storage In 2002
3) New U.S. Gasoline Rules To Be Proposed
4) October Weather: Europe Very Warm, US and Japan About Normal
5) ARC Theory Explains U.S. Crude Oil Imports and the Recent Widening of the
WTI-Brent Spread
6) Impact of World Crude Oil Quality On Oil Price Spreads

Please go to http://www.pira.com

These articles can be found in the Client section of PIRA's website. You
will need a PIRA Online account in order to gain access. For account
information, please contact PIRA Client Services at 212-686-6808; email
support@pira.com

Regards,

PIRA Energy Group