§ Mr. Skeetasked the Secretary of State for Energy, further to the reply to the hon. Member for Bedford on 6 May, Official Report, column 51, whether there, is now evidence that term market prices for comparable crude oils have changed.
§ Mr. GrayAvailable evidence is that customers are reluctant to accept new contracts for comparable crudes at existing official selling prices. This suggests that such prices no longer correspond to market prices.