September 17, 2019 / 7:03 AM / a month ago

France urges oil firm moderation on retail prices

PARIS (Reuters) - The French government is closely monitoring the situation following attacks on Saudi Arabia’s oil infrastructures and is urging oil companies to show moderation on retail prices, junior transport minister Jean-Baptiste Djebbari said on Tuesday.

“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.

Reporting by Dominique Vidalon; Editing by Christian Lowe

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