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Indonesia quits OPEC

Indonesia quits OPEC over production cut

dailytimes

Indonesia has quit the Organization of Petroleum Exporting Countries (OPEC) over oil production cut. The country’s decision came less than a year after rejoining the group. As a net oil importer, Indonesia said it could not agree to OPEC’s production cuts. The decision came as the cartel agreed its first oil output cut since 2008 […]