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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (16413)	11/21/2004 1:14:07 AM
From: mishedlo	Read Replies (1) of 116555

G20 MEETING G20 sees mid-term oil price 35-40 usd/barrel - draft communique Saturday, November 20, 2004 6:24:33 PM afxpress.com 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 draft of the communique to be issued at the conclusion of the G20 meeting on Sunday However, the G20 nations expect oil-producing countries to have little free capacity until 2010, meaning prices will be sensitive to unexpected changes in demand and supply, the draft communique says ==================================================================== How the F would they know? Seriously, is this stupid or what? Mish

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