mor president ladies and gentlemen the council to look at fact that europe system has no defense against a volatility of oil prices on markets because futures markets are being hostage
Mr President, ladies and gentlemen, the Council needs to look at the fact that Europe's production system has no defence against the volatility of oil prices on the markets, because futures markets are being held hostage to sophisticated international financial speculation, meaning that prices now have very little to do with the fundamental principles of supply and demand.
Mr President, ladies and gentlemen, the Council to look at fact that Europe's system has no defence against volatility of oil prices on markets, because futures markets are being hostage to international financial speculation, meaning that prices now have very little to with the fundamental principles supply and demand.