The top four global oil producers agreed to freeze individual outputs at January levels, provided that other major producers implement it as well, Mohammed Saleh Al Sada, Qatari energy and industry minister said on February 16. However, although the agreement initially appeared as a good deal, it will unlikely act as a ‘magic cure’ to reduce prices.
Anadolu News Agency from Turkey spoke about the implications of the deal with Sijbren de Jong and others. The full article can be read here.
Experts
Related Content
