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Indonesia looks to rejoin OPEC

Jun. 05, 2017 5:04 AM ETIF, IDX, EIDOBy: Yoel Minkoff, SA News Editor
  • Looking to reactivate its membership in the group, Indonesia has sent a letter to the OPEC.
  • "Yes, it's true," Energy and Mineral Resources Ministry spokesman Sujatmiko told Reuters, when asked to confirm the news.
  • Indonesia's OPEC membership was suspended in December after the net oil importer said it could not agree to the group's proposed production cuts.
  • ETFs: IDX, EIDO, IF

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