( September 8, 2026, 17:00 GMT | Official Statement) -- MLex Summary: The EU faces no immediate oil supply problems, despite instability in the Middle East driving significant price volatility, according to the Oil Coordination Group, which brings together EU countries, the European Commission and the industry. European demand is being met through higher EU refinery production and alternative global supplies, while commercial and emergency stocks remain sufficient. However, the conflict and seasonal demand could further tighten markets in the coming months, the OCG said.Press release follows....
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