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Europe Daily Bulletin No. 9024

10 September 2005
Contents Publication in full By article 14 / 45
GENERAL NEWS / (eu) eu/oil
Community stocks could momentarily fall below compulsory reserve threshold set out in legislation

Brussels, 09/09/2005 (Agence Europe) - At the Commission's demand, Member State experts from the Oil Supplies Group and the DG Energy at the Commission met on Friday in Brussels to: (1) analyse the situation of the oil markets. In this context the Oil Supplies Group stressed the need to make the market more transparent and encouraged the Commission to set up a Market Observation System within its services; (2) verify the current level of Member States security stocks which must, according to...

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