In the Organization of countries-exporters of oil (OPEC), there are significant disagreements about freezing of oil production. This was during the National oil and gas forum said the Minister of energy of Russia Alexander Novak, reports TASS.
He noted that the Ministry is not convinced that OPEC will be able to agree on limiting production of hydrocarbons. Half an hour before the Doha meeting, the Agency was convinced that the agreement will be signed by freezing, said Novak.
At the same time, the Ministry of energy is optimistic on the dynamics of oil prices and believes that the cycle of low quotes over. “Everyone says that by the end of the year will be up to 50 dollars per barrel”, — said Novak.
April 17 in the Qatari capital Doha hosted a meeting of representatives of the countries-manufacturers of oil. It was expected that the parties will sign an agreement to freeze production to prevent further fall of prices for hydrocarbons. But the deal did not take place — Saudi Arabia declined to sign any documents without the participation of Iran. The representatives of the Islamic Republic in Doha has not arrived.
In light of the information about the failure of the talks Brent crude fell almost 5 percent to 40,16 dollar and the U.S. currency rose to 68.3 ruble.
