British chancellor Brown urges OPEC to stabalise global oil market

British Chancellor Gordon Brown will today call for co-ordinated international action to stabilise the world oil market in the face of the threat of new fuel protests and panic buying by motorists.

As UK petrol stations warned they could run dry within hours if high demand continues, Mr Brown is due to set out a plan for concerted global action that he will take to the annual meetings of the G8 group of major industrialised countries, the International Monetary Fund (IMF) and World Bank.