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A Spring Freeze – Article for Arabian Business Qatar
12th Oct 2016
In his article for Arabian Business Qatar, Riaz Husssain QC suggests that any oil output agreements will be crucial in market recovery. With supply continuing to outstrip demand, it is imperative that a balance is reached. In February 2016, Saudi Arabia, Russia, Qatar, Kuwait and Venezuela agreed to the possibility of freezing output at 2016 levels. However, the success of such agreement depends on whether other major oil producers follow suit.
