Angola announced Thursday that it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. Diamantino de Azevedo, the African nation’s oil minister, said Angola “does not gain anything by remaining in the
Russian President Vladimir Putin has arrived in the Middle East, where he is meeting with the leaders of the United Arab Emirates (UAE) and Saudi Arabia to shore up support from the major oil producers. Putin, who has not visited the region