Energy-rich Qatar is pulling out of OPEC

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 86%

United States Headlines News

United States Latest News,United States Headlines

NEW: Qatar says it will withdraw from the Organization of the Petroleum Exporting Countries in January.

Source: Energy Industry News (energyindustrynews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good news

The collapse of OPEC is causing anarchy in the oil market

The reason is the deep conflict with Saudi Arabia. Qatar gas supplies are good for investment. American companies make huge profits in Qatar.

Smart move

Iraq should follow Qatar 🇶🇦 and withdraw from opec, too Opec is manipulated by the USA and Saudi!

Hmmm...

Why?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Qatar will pull out of OPEC amid tension with Saudi ArabiaThe tiny, energy-rich Arab nation of Qatar announced on Monday it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. The surprise... Goodbye $1.99 gas prices So who's gonna get custody of the kids?
Source: ABC - 🏆 471. / 51 Read more »

Qatar to withdraw from OPEC in January 2019Thursday's OPEC meeting could be Qatar's last. Qatar, the first non-original member of OPEC, will leave the organization at the beginning of 2019. Thats what OPEC gets for joining Saudis for stabning Qatar in the back!
Source: CNBC - 🏆 12. / 72 Read more »

Qatari energy minister says leaving OPEC not political — our voice doesn't countQatar leaving OPEC was not political — 'our voice didn't count,' Energy Minister Saad al-Kaabi said.
Source: CNBC - 🏆 12. / 72 Read more »

Can OPEC survive Trump, Putin, and a pullout by Qatar?When OPEC meets in Vienna on Thursday, the stakes are high for de facto leader Saudi Arabia, as the cartel contends with sluggish oil prices and the departure of founding member Qatar. OPEC no more!!! Your Cabal Leader Protector is DEAD...11+30=41 It is time for OPEC to dissolve and way beyond time for our nation to become independent from them when it comes to our oil Time to sunset the petroleum economy. It is destroying our planet. Time to role out zero point energy generators and antigravitics technology. We have wasted enough time in old energy and newtonian physics. Humanity is ready to go quantum!
Source: NBCNews - 🏆 10. / 86 Read more »

Qatar quit OPEC because of politics, not oilQatar was the first Arab state to join OPEC after its founding. Now it will be the first to leave First, Kuwait and Oman do not support terrorism. Second, Qatar pumping 360,000 burial only. How much this tweet? So sellllly و ان شاء الله قريبا تشل يد قطر حتي يختفي الارهاب من العالم العربي
Source: TheEconomist - 🏆 6. / 92 Read more »

Gas-focused Qatar to exit OPEC in swipe at Saudi influenceQatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de ... Qatar departure from OPEC circumventes US sanctions against Iran because the quantity of his exports is known via OPEC and he can export large quantities of Iranian oil in the name of the government of Qatar. This is all.
Source: Reuters - 🏆 2. / 97 Read more »

Qatar decides to leave OPECThe decision is more about the Gulf’s troubled politics than oil prices Qatar is financing Hamas and Hezbollah and PSG ! Qatar withdraws in January from OPEC, that is why the rise of oil. Glory!!! ..... looking forward to $15 a barrel of crude
Source: TheEconomist - 🏆 6. / 92 Read more »

Why Qatar broke a 56-year-long relationship with OPECDoha wants to keep its role as the world’s leading LNG producer independent of the oil cartel’s politics, which has come to be influenced by non-member Washington.
Source: trtworld - 🏆 101. / 63 Read more »

Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia DeepensQatar made the announcement early Monday — the same day it informed OPEC it is withdrawing from the group. The country says it wants to focus on producing natural gas. Where Is Libyan Smooth Crude Going?' Remember when although the US has military bases in Qatar, Trump came out against them? Gee, I cannot imagine why. 🤔 More evidence that US foreign policy is being steered by those who line his pockets. So now we need to know how to pronounce 'Qexit'.
Source: NPR - 🏆 96. / 63 Read more »

Qatar will pull out of OPEC amid tension with Saudi ArabiaDUBAI, United Arab Emirates (AP) — The tiny, energy-rich Arab nation of Qatar announced on Monday it will withdraw from OPEC in January, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom'
Source: YahooNews - 🏆 380. / 59 Read more »