DOHA (Sputnik) – Talks between oil producing countries on freezing oil output are officially beginning in the Qatari capital of Doha, the Russian Energy Ministry said.
В катарской Дохе начинается встреча министров стран-производителей нефти #Доха #нефть @novakav1 pic.twitter.com/iCVDSI6jEk
— Минэнерго России (@MinenergoGov) 17 April 2016
"Oil producers ministerial talks to start in Doha, Qatar," the ministry said in its official Twitter.
Ministers are now back to hold a closed meeting to discuss final draft of #oil freeze deal.#DohaTalks#saudi#OPEC pic.twitter.com/ScBPPTZwdJ
— Wael Mahdi (@WaelMahdi) 17 April 2016
On Sunday, the Qatari capital is hosting talks of the Organization of the Petroleum Exporting Countries (OPEC) members with other oil producing states.
The negotiations are aimed at securing a deal to freeze oil output to stabilize slumping global oil prices.
In February, the energy ministers of Saudi Arabia, Qatar, Venezuela, and Russia discussed the current oil market situation in Doha and agreed to freeze oil production at January levels if other countries followed suit, in a bid to keep the oil prices from falling further.
