Translation BBC Seven Finance News, four words, shit! However, the spirit can be pleasing, it is worth encouraging.
Seven countries demand increase crude oil production
The Group's finance ministers issued a joint statement to increase crude oil production to reduce crude oil prices.
Seven Group officials said that crude oil prices will be a major obstacle to global economic prosperity.
The joint statement issued by the Washington meeting called for energy consumption in the oil country.
Published a statement, the New York Commodity Exchange crude oil futures prices set a record of $ 50 per barrel.
In six months, the Group's Finance Minister of Qi Kei Province once persuaded that the world's output of oil production increased crude oil production, but did not achieve significant results. The crude oil prices continued to rise.
Despite this, the Seventh Council is once again called on the world's oil-owned oil country to provide sufficient crude oil production to ensure stable prices.
The Finance Minister of Seven countries worry that the momentum of global economic continued to rise will be hindered by high oil prices.
But at the same time, the finance ministers are uncertain to cause recent reasons for high oil prices.
It is certain that Iraq's situation and Chinese crude oil consumption is one of them.
However, some of the seven-country group finance ministers believe that speculative behavior is also common, and there is a large fiscal group to buy crude oil and improve prices.
According to the declaration of the Finance Minister of the Seventh Group, it appeals to the transparency and more accurate supply and demand analysis of the trading market.
The good side is that the original price rising crisis can be slightly alleviated, and Nigeria has relieved the threat to the production of local crude oil.
Despite this, you must change the original price of the original price, this is not enough.
G7 Seeks Boost In Oil Production
By Steve Evans
BBC North America Business Correspondent
Products Are Asked to Provide Adequate Supply To Ensure Moderate Price
