Report summaryThe much anticipated meeting in Doha, Qatar on 17 April ended with no freeze deal. The lack of a deal triggered a moderate slide in oil prices. Initially prices fell by roughly 7%, but settled to just over 1% with Brent at US$42.91 per barrel at the end of the day. A key reason for restrained price reaction was the uncertainty of the effect of the Kuwait oil workers' strike that started on 17 April.
This report includes 2 file(s)
- No deal in Doha PDF - 971.48 KB 2 Pages, 0 Tables, 1 Figures
- No deal in Doha April 2016.xls XLS - 103.00 KB