Downing Street Says » Oil Prices

» Monday, November 3, 2008

Oil Prices

Asked about the stability of oil prices, and if the Prime Minister would be making any representations to the oil producers to get the price down, the PMS replied that what the Prime Minister had been saying to the oil producing nations whilst he had been in the region, was that it was in nobody s interest to have the volatility in oil prices that we had seen in recent years, particularly when we had seen oil prices rise to $150 a barrel. That was why the Prime Minister was very supportive of the meeting in Jeddah in the summer that was about bringing together oil producers and oil consuming nations to try and find ways of making the oil market work better, introducing more transparency into the market and to have a better dialogue between producer and consumer nations. That was why we would be hosting a follow-up conference in London on this in December.

No Comments »

No comments yet.

RSS feed for comments on this post.

Post a public comment

Name (required)
E-mail (required)
(You must give an email address, but it will not be displayed to the public.)
Website
(You may give your website, and it will be displayed to the public.)

Comments:

This is not a way of contacting the Prime Minister. If you would like to contact the Prime Minister, go to the 10 Downing Street official site.

Privacy note: Shortly after posting, your name and comment will be displayed on the site. This means that people searching for your name on the Internet will be able to find and read your comment.

Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.