Brown calls for oil market transparency; reveals investment plans

Speaking at the emergency oil summit in Jeddah, Brown stated that there was a common understanding among major energy producers and consumers that “oil demand is rising faster than supply...and that there is today too much uncertainty and volatility”.

Brown called for the “clear signalling of current and future supply and demand from both oil producers and oil consumers; transparency means a reinvigoration of our commitment to ensure that wherever there are shortages and gaps they are addressed

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