17-04-2016 07:45 via news.yahoo.com

Doha oil producers close to agreeing on output freeze: sources

By Rania El Gamal and Reem Shamseddine DOHA (Reuters) - Oil producing countries meeting in Doha on Sunday appeared close to agreeing on an output freeze to prop up crude prices, the first such deal in 15 years, official sources told Reuters. A draft agreement circulating in Doha and seen by Reuters says countries' average daily crude oil production in each month would not exceed the level recorded in January this year. The freeze would last until Oct. 1 this year, and producers would meet again
Read more »