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OPEC Suffers Another Departure With Ecuador Seeking More Cash

  • South American country looking to boost stagnating oil output
  • OPEC solidarity takes another hit a year after Qatar left
The BP-Husky Toledo Refinery As World Gas Output Stalls While Prices Hit U.S. Shale
Photographer: Luke Sharrett/Bloomberg
Updated on

OPEC is getting smaller, again.

Ecuador said Tuesday it will quit the Organization of Petroleum Exporting Countries in January, leaving the group with 13 member nations.