Major oil-producing nations could implement a freeze in output levels as a tool to bring the market back into balance, Russia’s energy minister said Friday. Ministers and representatives from oil-producing nations met in Doha on the sidelines of the Gas Exporting Countries Forum to discuss a potential agreement to limit output under the general terms of a proposal tabled in Algeria in September. Russian Energy Minister Alexander Novak said talks so far on coordinating around that agreement were constructive and all parties to the proposal were circling around a general theme. “The freeze, which was discussed in the course of the year is, in our opinion, currently one of the tools that can seriously […]