Qatar, an OPEC nation since 1961, said it will leave the cartel in January, the latest
sign of the organization’s sliding influence in world oil markets and the shifting alliances
among its members. The country’s departure is also the latest indication of sharp
divisions between Qatar and its larger neighbor, Saudi Arabia, which has led a trade and
travel block since June 2017.
Qatar, which has declining
oil production but enormous
gas production, said it will exit the cartel to focus......
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