As CNBC reports, citing data from Dow Jones and Reuters, the Doha round has ended. An agreement to freeze production of oil according to their results were signed. Source Reuters reported that OPEC countries have stated negotiating partners that are not part of the oil cartel that they intend initially to seek a single solution within the organization at the summit, which will take place in June. After that, possible another meeting with representatives of States outside OPEC, including Russia.
Information about the unsuccessful conclusion of the negotiations and possible next meeting in June confirmed the Agency Bloomberg, the oil Minister of Nigeria Emmanuel IBE Cacique.
According to Bloomberg, a stumbling block in the negotiations was the question whether to extend the agreement with Iran, whose representative has not arrived to Doha. As a result to agree on this topic and failed.