QATAR AN­NOUNCES IT IS PULLING OUT OF OPEC

USA TODAY International Edition - - MONEY -

The na­tion of Qatar an­nounced on Mon­day it would with­draw from OPEC, mix­ing its as­pi­ra­tions to in­crease pro­duc­tion out­side of the car­tel’s con­straints with the pol­i­tics of slight­ing the Saudi-dom­i­nated group amid the king­dom’s boy­cott of Doha. It marks the first time a Mideast na­tion has left the car­tel since its found­ing in 1960.

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