Brussels, 12/06/2009 (Agence Europe) - Meeting in Luxembourg on 12 June, EU energy ministers reached political agreement on the draft directive to replace existing Community legislation requiring member states to maintain a minimum level of oil stocks and oil products (Directives 06/67/EC and 73/238/EC and Council decision 68/416/EC). The proposed directive seeks to improve the way current EU oil stocks mechanisms operate, so as to ensure availability of oil in the event of a crisis. The...