The Business Times
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No guarantee of oil deal at Doha talks

Analysts divided on expected outcome, citing doubts over whether Iran will join any accord

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Published Fri, Apr 15, 2016 · 09:50 PM

    Kuwait City

    MAJOR oil producers will meet this weekend to try and negotiate an output freeze to drain crude oversupply and boost prices, but doubts remain over whether Iran will join any accord.

    Analysts are divided on the expected outcome of the meeting of around a dozen oil exporters, including heavyweights Saudi Arabia and Russia, in Doha on Sunday, which could send oil prices rising or crashing again.

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