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Venezuela called the date of the next meeting for the freezing of oil production

Венесуэла назвала дату следующей встречи по заморозке нефтедобычи

The next meeting of the countries-manufacturers of oil can go in may or early June. This was during the “National oil and gas forum” in Moscow, said the oil Minister of Venezuela, Eulogio Del Pino, reports TASS.

“Unfortunately, due to political differences, the participants failed to reach consensus. For this reason, our proposal is this: all the participants are invited to the next meeting in may or the first week of June to continue discussions” — leads the Agency of his word.

According to the Minister, the equilibrium price of oil is $ 60 to $ 70 per barrel.

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.

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