Finance
OIL PRICE DOWN BY MORE THEN $1 AS ANGOLA TO EXIT OPEC
After Angola announced it is leaving the Organization of the Petroleum Exporting Countries (OPEC), the oil price fell by more then $1. Angola’s oil minister Diamantino Azevedo said the country’s membership in OPEC was not serving its interests. At a meeting in November, Angola had protested a decision by OPEC to cut its production quota for 2024. Angola’s oil production is around 1.1 million barrels per day (bpd). Oil price had been relatively stable prior Read more…

