Saudi Arabia is ready to freeze the oil output even without Iran's participation, the Financial Times reports with reference to a representative of an OPEC country. "There is an agreement from many countries. Why make it contingent on Iran?" the newspaper cited him as saying.
Russia is “taking a leading role” in engaging with other OPEC producers, a source noted, adding that the country’s relationship with Saudi Arabia has improved.
Qatar’s energy minister Mohammed Bin Saleh Al-Sada said last week that about 15 OPEC and non-OPEC countries [accounting for two-thirds of global oil output] support an oil freeze, RBC reminds.
