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Indonesia Joins OPEC!


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http://m.smh.com.au/business/energy/introducing-the-new-opec-member-that-likes-lower-oil-prices-20151125-gl89hv.html

 

Indonesia will join OPEC next month it was announced today. 

 

The Country claims that as a producer and a consumer it understands both points of view of the market and says it can be a bridge between two sides

 

The move is unusual considering Indonesia consumes more oil than it produces (net-importer), and its daily production is not that high

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