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Moscow Hopes Doha Meeting of World's Oil Producers Will Stabilize Prices

Russian Foreign Minister stated that Moscow hopes that the upcoming Qatar meeting on April 17 will lead to concrete agreements on stabilizing oil markets.

A Saudi banker displays the new one hundred riyal banknote bearing the portrait of Saudi King Abdullah bin Abdul Aziz al-Saud at a bank in Riyadh, 05 June 2007 - Sputnik International
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BAKU (Sputnik) Moscow hopes that the upcoming Qatar meeting on April 17 will lead to concrete agreements on stabilizing oil markets, Russian Foreign Minister Sergei Lavrov said Thursday.

“We hope that this meeting [in Doha] will lead to reaching concrete agreements on how to cooperate in the interests of all states and in the interests of stabilizing the oil markets,” Lavrov said during a press conference following a meeting Iranian Foreign Minister Mohammad Javad Zarif and Azerbaijani counterpart Elmar Mammadyarov in Baku. 

Major oil producers are expected to meet in Doha, Qatar, on April 17 to discuss oil production freezes.

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