From Bloomberg, 24 Feb 2016:
Venezuela, Saudi Arabia, Russia and Qatar have discussed holding a meeting in mid-March for OPEC and non-OPEC oil producers that support the production freeze, Venezuela Oil Minister Eulogio Del Pino said on Twitter. All oil producers are being consulted to determine where and when the meeting will be held, Del Pino said. Venezuela has been lobbying for producers to support prices, with Del Pino circling the globe to drum support.
Output Cut?
Oman Oil Minister Mohammed Hamed Saif Al-Rumhy said OPEC and non-OPEC producers need to cut oil output by 5 to 10 percent to stabilize the market. The country is ready to cut 100,000 barrels a day as part of any deal, he said.
BRU 2016, page-81
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