Treasurer Costello has given notice that at the forthcoming November Group of 20 (G20) meeting of finance ministers and central bank governors in Melbourne there will be fertile discussion about the oil market and the need for a stronger institutional framework around it. Costello, who will chair the meeting, said that some of the oil producing nations should allow more foreign investment with improved technology that will allow lacking commercial operations to be turned around. https://www.financialstandard.com.au/feed/latest?story=15661 en-AU Copyright 2026 Financial Standard 5