Russia eyes global deal on oil output in April, Iran seen exempt | Reuters:
"A global deal to freeze oil production could be signed in April and exclude Iran, which has the right to boost output after years of sanctions, Russian energy minister Alexander Novak said on Monday after talks in Tehran.
Oil fell around 3 percent on Monday after Iran dampened hopes of a coordinated stabilization of production any time soon, saying it would join such discussions after its own output had reached 4 million barrels per day (bpd). [O/R]
Four of the world's leading oil producers - Russia, Saudi Arabia, Qatar and Venezuela - met in Doha last month, saying they were ready to hold output at January levels if other producers did the same."
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