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Qatar left OPEC, markets are calm

Posted On 02 Jan 2019
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Qatar left OPEC, markets are calm

Qatar, which has been a member of OPEC for almost 60 years, left the organization on January 1. The market calmly reacted to this event, and experts believe that there is a significant likelihood that Qatar will be followed by other countries. One of the main arguments for quitting the oil cartel was the embargo on trade and travel to the country by neighboring Arab states.

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