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Europe Daily Bulletin No. 11517

23 March 2016
SECTORAL POLICIES / (ae) energy
Oil - EU and OPEC concerned at slump in investment

Brussels, 22/03/2016 (Agence Europe) - At the 12th high-level energy dialogue meeting in Vienna on Monday 21 March, the EU and the Organisation of Petroleum Exporting Countries (OPEC) stressed their concern at the “massive fall” in investment in the oil sector due to the slump in oil prices, fearing a new supply shortfall and strong price rises.

Since their last energy dialogue meeting in June 2014, “oil prices have fallen by more than 70%, many investments have been deferred or...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS