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Commodities Briefing - Categorized | Oil, Price Watch more

UK minister warns of oil price rise effect on global recovery

Posted on 30 May 2011

Relations between Qatar and the UK are as strong as they have ever been, according to a visiting British government official, who praised Qatar’s efforts in brokering peace throughout the wider region and warned against the effects of a rise in the price of oil as the world emerges from a global financial crisis.
Minister of State of the Foreign and Commonwealth Office Lord David Howell called for more dialogue between Opec and consumer countries, and having worked on such discussions for some 30 years as part of his role as the former minister of state for energy, he said that the need for talks and closer ties was as pressing as ever……………………………………….Full Article: Source


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