DOHA (Sputnik) — Anas Saleh, Kuwait's finance minister and acting oil minister, said Saturday he was optimistic about the results of the upcoming meeting of the oil-producing countries in Doha, where the possibility to freeze the production would be discussed.
On Sunday, the Qatari capital of Doha is set to host talks of the Organization of the Petroleum Exporting Countries (OPEC) members with oil producers not forming part of the cartel. The talks are aimed at reaching a deal to freeze oil output to stabilize global oil prices.
"I am optimistic," Saleh told reporters, commenting on his expectations from the talks’ outcomes.
In February, the energy ministers of Saudi Arabia, Qatar, Venezuela, and Russia discussed the current oil market situation in Doha and agreed to freeze oil production at January levels if other countries followed suit, in a bid to keep the oil prices from falling further.
