Saturday, April 16, 2016

Iran’s Oil Minister dropper Doha meeting – OBI Online

It informs the government of the country. There is much excitement to the meeting in the Qatari capital at the weekend, which is expected to be very important for the further development of the oil price.

Earlier this week, oil prices rose effect after unconfirmed reports that Russia and Saudi Arabia were agreed to freeze oil production. The messages are, however, not been confirmed, and inflation has since been uneven.

Russia, Saudi Arabia, Venezuela and Qatar are hoping to get the others on an interim agreement to freeze oil production to January level. Iran has recently been raised a number of sanctions after the nuclear agreement signed last year, and the country has been dismissive to curb growth in its oil production.

Oil prices fell after news that Minister absent. (© NTB)

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