No Deal on Production Freeze at Oil Producers Meeting

World oil producers failed to agree on a production freeze at a Sunday summit in Qatar, a move likely to send oil prices dropping when global markets open Monday morning. Ministers from 18 OPEC and non-OPEC producers were looking for a deal to cap production at January levels at least through October. The idea is to stabilize prices, which have plummeted from more than $100 a barrel in 2014 to the current price of a little more than $40 a barrel. These low prices have cost oil...

© La Voix de l'Amérique - dimanche 17 avril 2016