At a meeting of 18 countries in Doha did not attend one of the biggest oil producers, Iran, which has already warned that it does not freeze raw material extraction, because fighting for return to the oil market after years of embargo on its oil.
Qatar Minister of energy and industry Muhammad ibn Salih as -Sada said after six hours of negotiations that both members of OPEC (Organization of Petroleum Exporting countries) and other countries need more time to decide. He added that he did not set the date of the next meeting.
According to other sources, could lead to another round of talks in June.
Russia, an ally of Iran, has put a lot of energy before Sunday’s summit in achieving an agreement with Tehran, which Saudi Arabia, OPEC’s informal leader, considers his main rival.
Those who took part in the negotiations, considered freezing extraction of January; it would balance oil markets and raise oil prices. Western media announcing that this will be the most important such meeting in 30 years, but in order to reach a consensus, manufacturers will have to meet again.
the prospect of talks, which was attended by producers from OPEC and countries outside the cartel, captured the raw material prices by 35 percent.
According to the interlocutors Reuters OPEC members decided on Sunday that they must first reach an agreement within his cartel, before they propose to other manufacturers to join this initiative.
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