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Europe Daily Bulletin No. 8723

11 June 2004
Contents Publication in full By article 15 / 45
GENERAL NEWS / (eu) eu/oil
Loyola de Palacio welcomes change of Member States' attitude toward management of Community oil reserves - towards establishing weekly inventories of EU oil stocks?

Luxembourg, 10/06/2004 (Agence Europe) - The sharp rise in oil prices on world markets dominated the discussions of the 25 European Union Energy Ministers during their lunch at the end of the Energy Council, held on Thursday in Luxembourg. "Ministers welcomed the downward trend in oil prices", the Irish Presidency told the press. Loyola de Palacio, EU Energy Commissioner, said for her part that she had "noted a change" in the way some Member State leaders look at the need to coordinate...

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