Russia’s Energy Minister Alexander Novak hopes for a deal at the meeting in Doha on April 17

Market news

8 April 2016

Russia’s Energy Minister Alexander Novak hopes for a deal at the meeting in Doha on April 17

Russia's Energy Minister Alexander Novak said on Friday that he hoped for a deal at the meeting between OPEC and non-OPEC countries in Doha on April 17. He noted that countries would discuss a freeze of oil production at January levels.

Iran will participate at that meeting but it is unlikely that the country will freeze its oil output. Iran's Foreign Minister Javad Zarif said on Thursday that the country wanted to regain its place on the oil market.

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