Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Doha oil freeze talks face last-minute trouble
http://uk.reuters.com/article/uk-oil-meeting-draft-idUKKCN0XE03QSun Apr 17, 2016 9:33am BST
Doha oil freeze talks face last-minute trouble
DOHA | By Rania El Gamal and Reem Shamseddine
A meeting between OPEC and non-OPEC oil producers on an agreement to freeze output ran into last-minute trouble in Qatar on Sunday due to a new request by OPEC's de facto leader Saudi Arabia, sources told Reuters.
(snip)
According to another source, Saudi Arabia said it wanted all OPEC members to participate in the talks, despite insisting earlier on excluding Iran because Tehran does not want to freeze production.
(snip)
Deputy Crown Prince Mohammed bin Salman told Bloomberg that the kingdom would restrain its output only if all other major producers, including Iran, agreed to freeze production.
More than a dozen nations inside and outside the Organization of the Petroleum Exporting Countries have officially confirmed they would attend the meeting in Doha but the role of Iran has been the key issue overhanging the talks. "We have told some OPEC and non-OPEC members like Russia that they should accept the reality of Iran's return to the oil market," Iran's oil minister, Bijan Zanganeh, was quoted as saying by his ministry's news agency SHANA on Saturday.
(snip)
