§ Mr. Woofasked the Secretary of State for Trade what was the balance of payments deficit on imported oil in March 1974; and how this compares with the volume and price of imported oil at the present time.
§ Mr. DeakinsThe information required can be obtained from the Press notice "The Current Account of the United Kingdom Balance of Payments", published on 11th July 1974, a copy of which is available in the Library. The visible balance of trade in petroleum and petroleum products is contained in the table on the front page of the notice; details of the volume and price of imported oil are given in Table 9 of the notice.