Middle East Economic Survey
VOL. XLVIII
No 15
11-April-2005
EU Seeks Oil Market Transparency, Closer GCC Ties
Oil producers and consumers need efficient means for ensuring both that the oil price better reflects market fundamentalsand that markets are transparent, EU Energy Commissioner Andris Piebalgs told the EuroGulf Energy Summit in Kuwait on 2 April. Market data about hydrocarbon reserves, production capacities, including spare capacities for coping with unpredicted demand, stocks and related...
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