By KUNA
London : British Prime Minister Gordon Brown said Monday that he wanted to see a greater supply of oil and a better match between supply and demand.
In answer to a question during his regular monthly press conference in Downing Street, the Prime Minister said this match would make it possible for oil prices to come down.
Meanwhile, he praised the cooperation between Britain and the GCC states, saying “We work very closely with them”.
In addition, Brown said one of the worrying financial problems in the world today is the higher oil prices.
Today, light, sweet crude for March delivery was trading at 95.75 US dollars-a-barrel, up 25 cents in electronic trading on the New York Mercantile Exchange.
Britains North Sea benchmark Brent Crude for April settlement was at 94.94 US dollars-a-barrel, up 31 cents on Londons ICE Futures Europe Exchange.