Oil ministers from the Organisation of Petroleum Exporting Countries are meeting for pivotal talks on boosting oil production amid an international outcry over soaring prices.
Published:
10 September 2000 y., Sunday
Oil ministers from the Organisation of Petroleum Exporting Countries (Opec) are meeting for pivotal talks on boosting oil production amid an international outcry over soaring prices.
In the last week, the price of oil has hit a 10-year high of $34 per barrel.
Protests against the high price of fuel are coming to an end in France, where action by truckers and farmers brought the country to a virtual standstill.
Similar, though less widespread, protests are continuing in Britain.
European Union finance ministers on Saturday called for a boost in output to bring fuel prices down.
"Ministers call on Opec to implement measures to ensure that market supplies are better adapted to the global economic situation," said a statement issued by EU finance ministers in Versailles, France.
Calls for decisive action from Opec have also come from US President Bill Clinton, UN Secretary-General Kofi Annan and the Asia-Pacific Economic Cooperation forum.
Šaltinis:
BBC News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »