Tuesday, 16 February 2016

Saudi oil minister to meet Russian counterpart - FT.com

Saudi oil minister to meet Russian counterpart - FT.com:

"Saudi Arabia’s powerful oil minister Ali al-Naimi will meet his Russian, Qatari and Venezuelan counterparts in Doha on Tuesday, according to a person familiar with the matter, as some Opec members push for co-ordination to restrict supplies and bolster the crude price.
The meeting comes as oil prices languish near lows last seen in 2003, forcing Opec members such as Venezuela, Nigeria to call for a meeting of ministers to stem the slide that has decimated the budgets of producer countries."



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