MOSCOW (Sputnik) — The price for Brent's North Sea petroleum mix has decreased by 3.9 percent to $41,42 per barrel. The cost of the May futures for WTI dropped by 4.29% to $39,92 per barrel.
On Sunday, the participants of the meeting in the Qatari capital failed to reach an agreement on freezing the oil output in a bid to stabilize global crude prices. According to Russian Energy Minister Alexander Novak, all participants understood that a deal to freeze the oil output is necessary, but had different requirements to the deal's conditions.
