Qatar to quit Saudi-dominated OPEC in 2019

Qatar will leave OPEC next month in order to focus on gas production, the Gulf state's new Energy Minister Saad al-Kaabi announced Monday, denying the surprise move was a result of Doha's bitter feud with oil-rich Saudi Arabia. Qatar has been a member of OPEC since 1961 and the decision to pull out after more than five decades comes at a turbulent time in Gulf politics, with Doha under a boycott by former neighbouring allies including Saudi Arabia for 18 months.

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