The Limited Times

Now you can see non-English news...

Oil prices: France calls on producing countries to produce more "exceptionally"

2022-06-27T11:25:40.769Z


As the major European powers meet in Germany, the French presidency asks the countries that supply the world


As prices explode, France on Monday asked the countries that supply the world with oil to increase their production.

Iran and Venezuela must be able to return to the market, France specifically specified.

This declaration comes as the seven leading Western economic powers are meeting in Germany, as part of the G7 summit.

Towards the ceiling of the price of Russian oil

Heads of state and government meeting in the Bavarian Alps are "very close to a point where they will decide to ask their ministers to urgently develop mechanisms to cap the price of Russian oil globally", explained during a press interview with a senior White House official.

Such a mechanism, which therefore remains to be defined, would go through the “services” surrounding the export of Russian oil, said this source, who did not wish to be identified.

She acknowledged that this project would require “a lot of coordination”, between countries and with the private sector.

Source: leparis

All business articles on 2022-06-27

You may like

News/Politics 2024-02-21T04:01:04.564Z
News/Politics 2024-02-20T10:23:26.248Z
News/Politics 2024-02-20T12:33:29.106Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.