Thursday, September 10, 2015

OPEC, non-OPEC countries study Venezuela's oil summit proposal: Qatar

OPEC and non-OPEC countries are studying a Venezuelan proposal for a heads-of-state summit to address low oil prices, the energy minister of Qatar said on Thursday. "The different countries are studying this proposal and if there was a response from OPEC and outside OPEC then OK," Qatar's Mohammed al-Sada said. "But we are in the study phase."  OPEC member Venezuela has been campaigning for action to address low oil prices, which at below $48 a barrel are less than their level of June 2014. Sada is the alternate president of OPEC this year. More…


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