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Russian, Saudi oil ministers meet in Doha: Qatari official

Saudi Minister of Oil and Mineral Resources Ali al-Naimi is meeting his Russian counterpart Alexander Novak in Doha to discuss the global supply glut that has sent prices plungingThe Russian and Saudi oil ministers met Tuesday in Doha to discuss the global supply glut that has sent prices plunging, a Qatari official said. The oil ministers of Venezuela and Qatar also attended the talks, the official said. News of the meeting between Saudi Arabia’s Ali al-Naimi and his Russian counterpart Alexander Novak pushed up oil prices on world markets, with European benchmark Brent crude rising above $34 a barrel.

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