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France urges oil firm to show moderation on retail prices

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Christian Fernsby ▼ | September 17, 2019
The French government is closely monitoring the situation following attacks on Saudi Arabia’s oil infrastructures.
Jean-Baptiste Djebbari
Europe   Jean-Baptiste Djebbari
It is urging oil companies to show moderation on retail prices, junior transport minister Jean-Baptiste Djebbari said on Tuesday.

Topics: France oil retail price

“We are extremely vigilant regarding the geo-political situation. We are calling on oil companies to be moderate on prices,” he told France Info radio.

Separately, Transport Minister Elisabeth Borne told France 2 television that France had no oil supply problem. “We have oil stocks at a very high level,” she said.