Angola says it is leaving OPEC

L’Angola, refusant de réduire sa production de pétrole, se retire de l’OPEP

Le pays a annoncé jeudi cette décision en raison de son opposition à la révision de ses quotas de production, fixés par l’organisation afin de soutenir les prix du baril.

Angola to leave OPEC over reduced oil production quotas

The African oil producer refused to accept the production cuts imposed by OPEC, saying its membership in the oil cartel was no longer benefiting the country.

Angola leaving Opec oil cartel after dispute over production cuts

The African nation’s oil minister said Angola ‘does not gain anything’ by remaining in Opec, according to state news. The country joined the oil producers cartel Opec in 2007.

Angola announces exit from OPEC

Angola on Thursday announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), according to the Angolan government's Facebook page.The decision followed a session of the Council of Ministers, which took place on the same

Angola to leave OPEC over disagreement on oil production quotas

Oil minister says country ‘gains nothing’ from remaining in the group after disagreements emerge over production cuts.

Angola is leaving OPEC oil cartel after 16 years after dispute over production cuts

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. Diamantino de Azevedo, the African nation’s oil minister, said Angola “does not gain anything by remaining in the organization,” according to state news agency Angop. The country joined OPEC in 2007. Disagreements over lower oil quotas for some African countries, including Angola,…