Pressure on to improve oil market transparency

03/30/2010 | Bloomberg Businessweek

Consumers and oil producers will likely look to improve market transparency and reduce volatility to prevent oil prices from soaring again, according to the International Energy Forum. The group is pushing for more sharing of information on supply, demand, production and futures-market trading, as well as more cooperation on forecasting by groups such as OPEC, the IEF and the International Energy Agency.

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