Definition: Stock levels / Closing / (EU) Commercial stocks he...

Category: Energy

Commercial stocks" means those oil stocks held by economic operators which are not a requirement under Directive 2009/119/EC [see Article 2 (k) and Article 14 (1) thereof]. Commercial stocks may be calculated as
Categories (d + e + f + g + h + i)
Minus Categories { (EU-g) + (EU-h) + (EU-ie) } http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1415114499552&uri=CELEX:32009L0119
Source:
Council Directive 2009/119/EC of 14 September 2009 imposing an obligation on Member States to maintain minimum stocks of crude oil and/or petroleum products
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