EU is urged to consider a more aggresive oil policy; Commission recommends unified intervention

Article Abstract:

The European Commission is developing a policy in regard to the oil market that will limit price volatility. The policies of the International Energy Agency providing a safety net against supply disruption are seen as not strong enough.

International economic relations, Statistical Data Included, International trade, European Union. European Commission

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Energy agency calls for meeting on oil supplies

Article Abstract:

Some member countries of the European Union call for a release of oil from stockpiles as the United States has done, while others claim this move is not proper for the union.

United States, International politics, Energy policy, Political aspects

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OPEC is urged not to cut output

Article Abstract:

Organization of Petroleum Exporting Countries (OPEC) is being asked by the International Energy Agency not to lower oil production. The OPEC is holding a meeting at which it will decide on oil production. Some ministers have raised concerns about a glut in the market and lower prices.

Strategy & planning, Production management, Organization of Petroleum Exporting Countries, Crude Petroleum and Natural Gas Extraction, World, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum & Energy Products, Planning, Organization of the Petroleum Exporting Countries, Natural gas, Beliefs, opinions and attitudes, Gas industry, Company business planning

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