Africa Now Dominates OPEC

(Bloomberg) -- Africa now dominates OPEC, at least in member numbers. The Republic of Congo, the latest to join after Equatorial Guinea last year and Gabon in 2016, expands the number of countries from the continent to seven, compared with six from the Middle East. Yet with less than a million barrels of oil pumped by the three new members combined, their influence is limited, especially as Saudi Arabia’s alliance with Russia increasingly dictates policy.

--With assistance from James Herron.

To contact the reporter on this story: Paul Burkhardt in Johannesburg at pburkhardt@bloomberg.net

To contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Amanda Jordan, Helen Robertson

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