Middle East Economic Survey

VOL. XLVIII

No 38

19-September-2005

EU Finance Ministers Call For Increased Oil Industry Investment

EU finance ministers meeting in Manchester on 10 September called for further investment throughout the oil industry and in alternative energy technologies, in response to current high energy prices. In a statement, they registered their support for the IEAs 2 September announcement of the release of 2mn b/d of crude oil and products from inventories, to compensate for...