The failure by oil-producing nations to reach an oil freeze deal in Doha may lead to "the most unpredictable" scenarios, Valery Golubev, a board member of Russian natural gas export monopoly Gazprom, said on Monday.
"Yesterday's talks on freezing oil production volumes led to the most unexpected results," Golubev told an energy conference in Moscow.
Read more from our special coverage on "CRUDE OIL"
"Hydrocarbon producers are not ready today to reach agreements proceeding from universal human values. Everyone is pursuing their own selfish goals, and this may lead to the most unpredictable scenarios."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)