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Arabia |
In surprise move, Qatar says to quit OPEC in Jan. |
2018-12-04 |
[PRESSTV] Qatar![]() in a surprise announcement says it will leave the Organization of the Petroleum Exporting Countries (OPEC) next month in a move that appears to have been meant to take a swipe at the group’s de factor leader Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... . Saad al-Kaabi, Qatar’s energy minister, told news hounds in a news conference that Doha had informed OPEC about its decision on Monday morning. Kaabi denied speculations that quitting OPEC was linked to the country’s feud with Saudi Arabia and its allies. The decision was "technical and strategic" and had "nothing to do with the blockade," he said. |
Posted by:Fred |