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Business / Energy

Qatar says OPEC needs more time for freeze deal

Published: 18 Apr 2016 - 12:00 am | Last Updated: 02 Nov 2021 - 09:19 am
Peninsula

 

LONDON: Qatar's oil minister H E Mohammed al-Sada said on Sunday OPEC needed more time for consultations to reach an output freeze deal. 

Earlier on Sunday, oil industry sources told Reuters OPEC and non-OPEC producers failed to reach a deal to freeze oil output at talks in Doha, Qatar, but could resume discussions in June.

Reuters