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Indonesia leaves oil producer club OPEC again

Indonesia has suspended its membership in oil producer club, the Organisation of Petroleum Exporting Countries (OPEC) again, as the crude oil importer said it does not agree to the club’s production cuts. Indonesia first joined OPEC in 1962 and left it in 2009 due to its dwindling domestic oil production, which made it a net…

The post Indonesia leaves oil producer club OPEC again appeared first on 24/7 News updates from Nigeria.

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