The output of Qatar from OPEC to raise oil prices and retaliate for U.S. dollar – expert

Выход Катара из ОПЕК взвинтит цены на нефть и нанесет удар по американскому доллару – эксперт

In that case, if Qatar is finally out of the Organization of countries-exporters of oil (OPEC), the world will face another “fuel crisis” that will lead to a spike in prices for “black gold” and would provoke a fall of the U.S. dollar.

A personal opinion expressed by the European analyst Janis Papadakis in comments to the correspondent of ГолосUA.

“Today, Qatar, along with Saudi Arabia and Kuwait, one of the top three global suppliers of high-quality oil and natural gas, stated, in particular, he said. Output from OPEC Doha collapse the stock of a number of transnational corporations, control of which actually belongs to the United States. This will cause a “chain reaction”: a “Petro-state” will increase fees for mining”. To the question of what such a provision means for Ukraine, J. Papadakis said the following: “expect rise in price of gasoline.”

We will remind, yesterday the Minister of energy of the Emirate of Qatar Saad Ben SRID al-Kaabi announced the intention of the official Doha to cease cooperation with OPEC. According to him, Qatar, thus, plans to revise the existing international contracts in their favor.

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