Novak spoke about the political causes of the collapse of the talks in Doha

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Новак рассказал о политических причинах срыва переговоров в Дохе

The deal to freeze oil production in the Qatari capital of Doha was not held for political reasons. This was stated by Russian energy Minister Alexander Novak, reports TASS.

According to him, Saudi Arabia has put the agreement on freezing of the extraction part of the major oil-producing countries, and all OPEC members.

It was expected that the parties will sign the Doha agreement to freeze production to prevent further fall of prices for hydrocarbons. But the deal did not take place — Saudi Arabia declined to sign any documents without the participation of Iran. The representatives of the Islamic Republic in Doha has not arrived.

The negotiations culminated in the parties that they need a little more time for reflection, and the market and so a bad feeling. Later FT was spread information that during the failure of the agreement of the responsible son of the king of Saudi Arabia Mohammed bin Salman.

In light of the information about the failure of the talks Brent crude fell almost 5 percent to 40,16 dollar and the U.S. currency rose to 68.3 ruble. Then the price increased to $ 42-43 per barrel.

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