Angola to quit OPEC

The decision comes after the Saudi-led oil producer group lowered Angola's oil output target as part of a series of cuts to help prop up prices. But while Angola was a relatively small player in OPEC, the country's departure has raised larger questions over the future of the organization.
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Пікірлер: 13

  • @garciapedro7554
    @garciapedro7554

    As an Angolan, we need to diversify our economy, this dependency on oil will be the end of us, it’s been two decades since the end of war but we don’t seem to be able to create anything else, it’s just oil oil oil, 🤦‍♂️

  • @youme1414
    @youme1414

    Nigeria needs to follow Angola's footstep and leave OPEC for goodness sake.

  • @TreDogOfficial
    @TreDogOfficial

    I'm not a big fan of countries witholding supply for their own benefit. We are a global community. Supply/Demand = Price. Why make it complicated?

  • @user-pg1me6bb2u
    @user-pg1me6bb2u

    Angola should create an African Oilers Organizations where africans are the liders

  • @kongomon2
    @kongomon2

    It’s stupid for Angola to do that, it can always seek internal markets within Africa

  • @1001Balance
    @1001Balance

    Good. don’t let arabs decide on your production

  • @TitanMind1
    @TitanMind1

    where is the african oil cartel