Angola is leaving OPEC. What does that mean for the cartel?
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Kristin Schwab Angola's oil production has been roughly halved since the early 2000s. Above, an oil production storage and offloading vessel off the coast of Angola. Rodger Bosch/AFP via Getty Images Last month, OPEC, a group of oil exporting developing nations, lowered the cap on Angola’s oil production. Now, the country says it will leave OPEC.
Angola is leaving OPEC. What does that mean for the cartel?
Angola is leaving OPEC. What does that mean…
Angola is leaving OPEC. What does that mean for the cartel?
Kristin Schwab Angola's oil production has been roughly halved since the early 2000s. Above, an oil production storage and offloading vessel off the coast of Angola. Rodger Bosch/AFP via Getty Images Last month, OPEC, a group of oil exporting developing nations, lowered the cap on Angola’s oil production. Now, the country says it will leave OPEC.