EU OIL STOCKS

BY KEITH NUTHALLTHE EUROPEAN Commission has again convened the European Union's (EU) Oil Supply Group, as war in Iraq threatens the security of Europe's oil deliveries. The panel's experts discussed the risks of the conflict escalating and broadening into the Middle East generally, debating measures that would be required by EU Member States if Gulf oil and gas supplies were threatened.In a communiqué, the group "welcomed the major efforts made in recent months by several producer countries to supply the market with additional quantities and the commitments ...


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