Commodities & Energy

Reuters ahead on Qatar OPEC exit; swipe at Saudi influence

Reuters ahead on Qatar OPEC exit; swipe at Saudi influence

Reuters was more than eight minutes ahead with news this week that Qatar was pulling out of OPEC. The shock announcement undermined OPEC’s bid to show a united front before a meeting that sought consensus to back a cut to supplies to prop up plunging oil prices. Minister of State for Energy Affairs Saad al-Kaabi stated that the country is “not trying to get out of the oil business,” before adding that they would be focusing on gas potential.


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