Qatar pulls out of OPEC to focus on natural gas
In terms of volume it wont matter to OPEC. Bt in terms of message it sends to the markets this is quite a jab at the glass chin. Qatar believes more in LNG than in oil it seems. They are right.
The state of Qatar, with over 600,000 barrels of daily oil output, on Monday quit its membership in OPEC, after nearly six decades, to shift its focus to natural gas.