04DEC2018 - NEWS - Gulf nation Qatar plans to withdraw from the Organization of the Petroleum Exporting Countries

Gulf nation Qatar has recently revealed its plans to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), putting an end to its 57-year membership of the producers’ cartel. According to one of the senior representatives the country would withdraw from OPEC effective January 1, 2019. Qatar’s move to leave the organization of 15 oil-producing countries was announced at a press conference in Doha on December 3, ahead of the December 6 OPEC meeting.

Published by Editor - www.Livebunkers.com at 04-Dec-2018 06:10:40 [UTC] , contact editor at editor@livebunkers.com