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Qatar Says Rejoining OPEC Would Not Fit With Its Strategy - Bloomberg

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Qatar will not rejoin OPEC because trying to sway global oil prices doesn’t fit with its strategy, said Energy Minister Saad Al-Kaabi at a press conference.

Qatar decided to leave the cartel in late 2018, saying its exit was ‘technical’ and a matter of strategy as it shifted its focus to natural gas as its main export. It had been a member of the Organization of Petroleum Exporting Countries since 1961.

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Qatar Says Rejoining OPEC Would Not Fit With Its Strategy - Bloomberg
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