Reflective Objects (sphere)

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How can I make a sphere reflect its surroundings?

http://www.blitzbasic.com/b3ddocs/command.php?name=SetCubeMode&ref=3d_a-z

Or:
http://www.blitzbasic.com/b3ddocs/command.php?name=LoadTexture&ref=3d_a-z
Flag 64: Spherical environment map

Will work on older hardware but not look as realistic.