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    Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens

    Qatar made the announcement early Monday — the same day it informed OPEC it is withdrawing from the group. The country says it wants to focus on producing natural gas.
    by Bill Chappell Dec 03, 2018 2 minutes
    Qatar will officially exit OPEC on Jan. 1, the country's energy minister, Saad al-Kaabi, said at a news conference in Doha on Monday.

    Updated at 10:54 a.m. ET

    Qatar plans to leave OPEC in January, shaking up the alliance of oil-producing nations and furthering its dispute with Saudi Arabia. Qatar made the announcement on Monday — the same day it informed OPEC.

    Qatar's Energy Minister Saad al-Kaabi said the small Persian Gulf country will leave OPEC because it wants to focus on

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