HC Deb 30 June 1975 vol 894 c308W
32. Mr. Leslie Huckfield

asked the Secretary of State for Energy whether he will make a statement on his Department's expectations on future oil price movements

Mr. John Smith

The Organisation of Petroleum Exporting Countries has indicated that it intends to adjust the prices of oil from 1st October 1975. I cannot estimate what changes will be made then or subsequently.