Algeria sees oil price at $70-75 next year

Sun May 31, 2009 8:42pm BST
 
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ALGIERS, May 31 (Reuters) - Algerian Energy and Mines Minister Chakib Khelil said on Sunday he expected oil prices to reach $70-$75 a barrel in 2010 thanks to a better global economic situation.

"We expect the oil price to strengthen to $70-$75 a barrel next year," he said on state radio. (Reporting by Hamid Ould Ahmed)

 

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