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NEW YORK， April 11 (Xinhua) -- Oil prices gained Monday ahead of a meeting among crude producers scheduled on Sunday in Doha， the capital of Qatar， to discuss the output freeze.
Nawal al-Fezaia， Kuwait's OPEC governor， said last Tuesday that major oil producing countries can reach an agreement over a production freeze even if Iran does not join the move.
However， investment bank Goldman Sachs warned Monday that Sunday's meeting could fail to tighten a heavily oversupplied market.
Last week， U.S. oil companies cut oil rigs for a third week in a row to the lowest level since November 2009， oil service company Baker Hughes said Friday.
The West Texas Intermediate for May delivery moved up 64 cents to settle at 40.36 U.S. dollars a barrel on the New York Mercantile Exchange， while Brent crude for June delivery increased 89 cents to close at 42.83 dollars a barrel on the London ICE Futures Exchange.
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MANILA, Aug. 6 (Xinhua) -- China has proposed a three-step vision to step up consultations on the Code of Conduct (COC) in the South China Sea, Chinese Foreign Minister Wang Yi said here Sunday after he and his counterparts from ASEAN nations approved the framework of the COC.
All sides fully acknowledged the positive momentum that the improving situation in the South China Sea is demonstrating and expressed their approval of the framework of the COC which they believe laid a sound foundation for the substantive consultations Nike Air Force 1 Wheat , Wang told reporters after the China-ASEAN Foreign Ministers' Meeting.
The ministers spoke highly of the achieved early harvests, including the establishment of hotline communications among senior officials of the ministries of foreign affairs of China and the Association of Southeast Asian Nations (ASEAN) member states in response to maritime emergencies, he said.
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