Minister of State for Petroleum says OPEC able to agree on oil production freeze to combat low prices

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In spite of recent disagreements between the organizatoin’s members, Minister of state for Petroleum Emmanuel Ibe Kachikwu said that OPEC will be able to come together in an agreement to freeze oil production as a way to combat low oil prices.

“The Minister for energy in Qatar and the President of OPEC is leading that pact and there is a lot of conversation going on and there’s a lot of consensus building on the issue of the freeze,” Kachikwu said in an interview in Qatar
“Saudi Arabia and Russia are aligned on the issue of a freeze, so I think the chances are very high,” Kachikwu added.

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