Where I think there is common ground now, and I think that goes for producer and consumer countries, is that everyone agrees we must have more stable long-term oil prices,
With a focus on supply and production targets, a focus on proper information from markets and a focus on investing in new productive capacity and refining capacity, we can get oil prices down,
While the focus of recent international attention has rightly been on the tragic events in the U.S., it is Europe's economy that is at greatest risk of stagnation from the latest surge in oil prices and the renewed uncertainty about the world economy,
British people understand very clearly that the source of this problem is a doubling of world oil prices.
A year ago some said that the doubling of oil prices would push our inflation far beyond target and that a recession was required to slow the increase in house prices.
This is the IMF at its best working to bring oil producers and consumers together.
The doubling of oil prices ... is creating a more difficult environment in which to act.
I am not going to make decisions based on barricades and blockades, nor am I going to make decisions based on the short-term volatility of the oil price.
The first action we must take is to tackle the cause of the problem, ensuring concerted global action is taken to bring down world oil prices and stabilize the market for the long term.