Qatar is to leave OPEC next month, the Gulf state’s new energy minister, Saad al-Kaabi, announced on Monday.

“Qatar has decided to withdraw its membership from OPEC effective January 2019,” Kaabi said at a Doha press conference.

He added that OPEC was told of the decision on Monday ahead of the announcement. – Punch

– Dec. 3, 2018 @ 9:12 GMT |