Ecuador says Doha meeting decisive for oil prices

Reuters

QUITO, April 15 (Reuters) - Ecuador's oil minister said on Friday the upcoming meeting of oil producers in Doha will be crucial in determining crude prices in the short-term.

"We hope the agreement will set an agenda to control a market that is currently establishing very low price levels, which is not good for anyone - not for the big producers or for the small producers," Carlos Pareja said in a statement. (Reporting by Alexandra Valencia, writing by Brian Ellsworth; Editing by Chris Reese)

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Ecuador's oil minister said on Friday the upcoming meeting of oil producers in Doha will be crucial in determining crude prices in the short-term.

"We hope the agreement will set an agenda to control a market that is currently establishing very low price levels, which is not good for anyone - not for the big producers or for the small producers," Carlos Pareja said in a statement. (Reporting by Alexandra Valencia, writing by Brian Ellsworth; Editing by Chris Reese)