The phrase "production freeze" means to halt or stop the process of manufacturing or making something. It refers to a temporary pause or suspension in the production of goods or services. Full definition
As was evident in the recent Doha meetings, Saudi Arabia's stance on only accepting a collective oil production freeze went beyond Al - Naimi. (businessinsider.com)
CNBC's Jackie DeAngelis looks ahead at the April 17 meeting between OPEC and non-OPEC producers to discuss a possible production freeze. (cnbc.com)
Though recent rumours have abounded about a potential production freeze by Russia, Saudi Arabia and other major producers, it has so far failed to materialize or have long - term effects on oil prices. (tradeready.ca)