ANGOLA LEAVES OPEC IN BLOW TO OIL PRODUCER GROUP
NEWS Desk Global
Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts to prop up oil prices.
Angola's Oil Minister Diamantino Azevedo said the Organization of the Petroleum Exporting Countries no longer served the country's interests. It joins other mid-sized producers Ecuador and Qatar that have left OPEC in the last decade.
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