By Serikudi Abdulsamod( Siwes student Ogitech.)
Angola Cites Disagreement Over OPEC Quotas as Reason for Departure.
Mineral Resources Minister: OPEC Membership No Longer Aligned With Angola’s Interests.
Minister: It’s Time for Angola to Depart OPEC and Focus on National Goals.
Angola Expresses Discontent with OPEC’s Output Cuts, Deeming Quotas Inadequate.
Angola Asserts OPEC Membership Would Compel Unfavorable Production Cuts.
Major Sub-Saharan Oil Exporter, Alongside Nigeria.
Angola and Nigeria Unhappy with OPEC Quotas, Advocate for Increased Output.
Last OPEC Meeting Delayed Due to Disputes Over Production Quotas.
Oil Prices Approach Six-Month Low Despite November OPEC Cuts.
Prices Surge Amid Red Sea and Suez Canal Concerns, Yet Remain Below $80.
Oil Prices Maintain Above Five-Year Average Amid Recent Fluctuations.
OPEC+ Enacts 5 mbpd Production Cut Since End of 2022 to Stabilize Prices.
OPEC+ Formed in 2016, Comprising 13 OPEC Members and 10 Non-OPEC Producers.
