EU demands more and cheaper oil
10th Sep 2005, 15:09 GMT
MANCHESTER (Reuters) - European ministers urged the oil-producing countries on Saturday to boost supplies rapidly to combat soaring fuel bills and told oil companies to reinvest more of their vast profits in exploration and refining.
Latest news from Reuters: Top News:
- Blair wants Syria and Iran to help on Iraq
- Blair to unveil last set of laws
- Government slammed over Human Rights Act
- Global warming could cause bird extinctions - WWF
- Dozens snatched in kidnap at Iraq ministry
- Kelly to announce plans to help young homeless
- Iran undecided on talks with U.S. on Iraq
- EasyJet to expand fleet as profits take off
- Blair says Iraq plan hinges on M.East conflict
- Pupils overcome by carbon monoxide fumes