He was quoted by the Russian news agency "Interfax" a diplomatic source in Doha as saying that Russia and Saudi Arabia have reached a consensus on the stabilization of oil production and producers ahead of a meeting to be held in the Qatari capital on April 17.

She declined to Russian Energy Ministry to comment.

The source told Interfax that the final decision to Saudi Arabia on the stabilization of oil production would depend on Iran's position on oil production.

Having stated this consensus, touched the Brent crude price levels of $ 44 a barrel, up about 2.5%, and US crude jumped nearly 2% to Mstyawat to $ 41.36 a barrel

Chairman of the Board of Directors of Saudi Aramco, Khalid al-Falih said that his country is still willing to work with other producers to adjust the crude market.

He said al-Faleh, speaking at the annual meeting of the World Economic Forum meeting in Davos that he believed that oil prices have fallen too much and it will begin to recover.

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