Angola is leaving OPEC oil cartel after 16 years after dispute over production cuts
Headline from WHEC Rochester
LONDON (AP) — Angola announced Thursday that it's leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Angola announced Thursday its departure from the OPEC oil producers cartel, with Oil Minister Diamantino de Azevedo citing no prospective gains from his country's continued membership.
LONDON (AP) — Angola announced Thursday that it's leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year.
Angola is leaving the Organization of the Petroleum Exporting Countries because membership is not serving its interests, oil minister Diamantino Azevedo said Thursday.