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'Qatarstrophe' Hits OPEC: Doha To Quit Oil Cartel But It's Not A Surprise - Forbes
Forbes | 'Qatarstrophe' Hits OPEC: Doha To Quit Oil Cartel But It's Not A Surprise Forbes Oil markets were greeted with news early on Monday (December 3) that Qatar, an OPEC member since 1961, will be quitting the oil cartel on January 1, 2019 to "focus national efforts" on its liquefied natural gas (LNG) industry, a hydrocarbon sphere ... Oil surges 5 percent on trade truce, expected supply cuts Qatar quitting OPEC means the oil cartel is now just a 'two-member organization,' oil analyst says Qatar pulls out of Opec oil producers' cartel |
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