Pump Out More Oil, Britain Tells World

Birmingham PostMay 20, 2004

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Summary


The Government is to urge major oil exporting countries to increase production in an attempt to curb rising prices, Chancellor Gordon Brown signalled yesterday.

Mr Brown, appearing before the House of Lords economic affairs committee, told peers that the Treasury was continuing to try to lock fiscal and monetary stability into the economy.

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Pump Out More Oil, Britain Tells World

He told them: 'That is why this week we will be consulting with OPEC (the Organisation of Petroleum Exporting Countries)...

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