OPEC Nations Affirm Commitment to Group After Angola’s Exit
- Iraq, Nigeria and Congo say they’ll support cartel objectives
- Angola quit last week amid dispute over production quota
A refinery in Luanda,
Source: -/AFP/Getty Images
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OPEC nations Iraq, Nigeria and the Republic of Congo affirmed their commitment to the oil-producer group following the exit of Angola last week.
“We reiterate our firm support for unity and cohesion at the heart of OPEC and OPEC+,” Congo’s Minister of Hydrocarbons, Bruno Jean-Richard Itoua, said in a statement. “Each member, whether African or not, plays an indispensable role in achieving our shared objectives and in maintaining the balance of the global oil market.”