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French media (www. challenges.fr) 7月8 reported, the EU finance ministers meeting of member countries unanimously agreed in principle on that day and announced that, in order to stabilize oil market prices, the EU will hold regular weekly petroleum products reserves.
Just took office in France holds the rotating EU presidency, the economy minister Lagarde, that this will increase the transparency of petroleum products reserves, which is conducive to stability in the current rise in international crude oil market prices.
It is learnt that the decision to put into practice, it is also necessary for the European Commission's specific recommendations. At the same time, the EU will draw the United States and Japan have regularly announced the national reserves of petroleum products for the practice and experience, so that market operators "correct understanding" of relevant information.
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Group News
