Oil exporter talks hit difficulties in Doha – BBC News

Reports from Qatar’s capital Doha, say the problem is tension between Saudi Arabia and Iran.The agenda for the meeting is whether to freeze production levels.Iran has consistently refused to take such steps but Saudi officials have at times appeared willing to take such action only if Iran were to as well.The meeting is a response to the fall in prices which began in June 2014. The price is now less than half what it was then, though in the last few weeks it has risen from its lowest levels.Most members of the exporters’ group Opec, together with some other oil producers, are meeting in Doha to discuss freezing output.No cuts in other words, just a commitment to no more increases.

Source: Oil exporter talks hit difficulties in Doha – BBC News

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