Indonesia To Withdraw From Opec

Indonesia Withdraw Opec - Politics, Business, Civil, History - Posted: 28th May, 2008 - 1:24pm

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Post Date: 28th May, 2008 - 12:49pm / Post ID: #

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Indonesia To Withdraw From Opec

Indonesia to withdraw from Opec

Indonesia says it will quit the oil producers' body Opec as it is no longer a net exporter of the commodity.
Ref. https://news.bbc.co.uk/1/hi/business/7423008.stm

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Post Date: 28th May, 2008 - 1:24pm / Post ID: #

Indonesia To Withdraw From Opec
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Opec Withdraw Indonesia

Well it cannot be a exporting country if it is importing. I think that Indonesia is just the first of many OPEC countries that are going to find their oil production fall off.



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