Angola is leaving the Saudi-led oil producer group OPEC, saying that the country does not gain anything from its membership. Yahoo Finance’s Julie Hyman and Josh Lipton discuss how this news has impacted the oil market and tensions within OPEC.
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It’s a good thing Angola left. Hope to see others follow suit. No benefits being part of OPEC. Why should Saudi Arabia dictate so little to others while it’s pumping bigger oil to the market? It’s cheating.
Angola should upgrade its Infrastructure and add Housing Inventory near to the Western Borders.