1. home
  2. > business
  3. > Qatar to withdraw from OPEC ahead of crucial meet this week
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Qatar to withdraw from OPEC ahead of crucial meet this week

Dec 03, 2018 13:51 IST

In a blow to the crucial OPEC meeting this week, Qatar today announced that it would withdraw from OPEC as of January 2019. The Energy Minister also said Qatar will not remain committed to OPEC agreements after it's exit and is exiting the group to focus on it's gas production. Qatar is currently the 11th biggest oil producer in OPEC.

Business