Tuesday, February 16, 2016

Riyadh, Moscow, Caracas and Doha agree to freeze oil production – Destak

The governments of Saudi Arabia, Russia, Venezuela and Qatar have agreed today to freeze the production of oil in January levels, according to the Minister of Energy and Qatar Industry and president of turn of OPEC.

” aiming to stabilize the oil market agreed to freeze production at the levels of January, “said the president of turn of OPEC (of petroleum Exporting Countries Organization), Mohamed Saleh al Sada, during a press conference in Doha.

Al Sada said that the other oil-producing countries, whether or not OPEC members, apply the same initiative.


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