Qatar to withdraw from the Obec system ...... The rising crude oil prices are risky

DOHA: Qatar has announced that it will withdraw from Opec, a petroleum export exporter country with January next year. In Qatar, the Energy Minister said that the government has taken this decision to increase natural gas production from 77 million tonnes to 110 tonnes annually.

He also said that the government did not suddenly take the decision to abstain from the Obec system and was considering it for a long time. Qatar has taken the decision to complete the 6th anniversary of the meeting. Qatar, which completes more than half of the world's crude oil demand, is expected to step into the crude oil price in the international market, leaving the OPEC system