BREAKING: Qatar Set To Quit OPEC

Qatar on a map

Qatar is to leave OPEC come next month. This was announced by the Gulf state’s new energy minister, Saad al-Kaabi on Monday.

“Qatar has decided to withdraw its membership from OPEC effective January 2019,” Kaabi said at a Doha press conference.

He added that OPEC was told of the decision on Monday ahead of the announcement.

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