OIL FREEZE UP­DATE

Qatar Today - - BUSINESS -

Saudi Ara­bia is pre­pared to sign up to an oil out­put freeze in April even with­out Iran tak­ing part, a se­nior OPEC del­e­gate said, paving the way for a deal among big pro­duc­ers. Some of the world's largest oil play­ers will meet in Doha on April 17 to dis­cuss re­strain­ing out­put. It fol­lows a pro­vi­sional agree­ment reached in Fe­bru­ary by Saudi Ara­bia, Rus­sia, Qatar and Venezuela to freeze pro­duc­tion at Jan­uary lev­els.

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