Recently Angola has decided to leave OPEC, the organization of oil producing countries.

Daily Current Affairs / Recently Angola has decided to leave OPEC, the organization of oil producing countries.

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Category : Business and economics Published on: December 23 2023

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The full name of OPEC is Organization of Petroleum Exporting Countries.
Recently the African country Angola has decided to leave OPEC, the organization of oil-producing countries.
Angola is the second largest oil-producing country in the African continent.
Angola joined OPEC in 2007.
Angola has decided to leave this organization due to differences over production objectives.
OPEC was established in Baghdad in the year 1960 AD.
Presently its headquarters is located in Vienna, Austria.