G20 MEETING G20 sees mid-term oil price 35-40 usd – communique document UPDATE

BERLIN (AFX) – Finance ministers and central bank governors from the world’s 20 leading economies expect the price of oil to move between 35-40 usd per barrel in the medium term, according to a document they will publish with their communique at the conclusion of the G20 meeting on Sunday.
The G20 document, obtained by AFX News, says oil-producing countries are expected to have have little spare capacity until 2010, meaning prices will be sensitive to unexpected changes in demand and supply

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