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Indonesia OPEC Newsletter
  • Why Angola left OPEC 18 Apr 2024 09:00 GMT

    … of Petroleum Exporting Countries (OPEC) effective January 1, 2024 … quota determined by OPEC,” Angola’s OPEC Governor Estevao Pedro … following the establishment of OPEC+. Indonesia left in 2016, Qatar … announced their commitment to OPEC. The reputational damage …

  • UPSC Essentials | Daily subject-wise quiz | Economy MCQs on Forex reserves, Bharat-NCAP, OPEC+ and more (Week 53) 11 Apr 2024 14:17 GMT

    … Australia, Brunei, Fiji, India, Indonesia, Japan, Korea, Malaysia, New … health of the economy. — OPEC+ was established in 1960 by … , Saudi Arabia and Venezuela, OPEC has since expanded and now … in the petroleum industry.” — OPEC + accounts for roughly 40 per …

  • Indonesian crude oil price rises to $83.78 per barrel in March 02 Apr 2024 19:54 GMT

    he Indonesian Crude Price (ICP) rose … report on Tuesday. “The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy … to reduce production by OPEC+ as well as disruption … of the curve in Indonesia';s rapidly evolving business …

  • Renewed Support Tipped For Indonesia Shares 04 Apr 2024 05:35 GMT

    … or 3 percent. The Jakarta Composite Index now sits just … 3.79 percent, Bank Rakyat Indonesia dropped 0.88 percent, … retreated 1.42 percent, Semen Indonesia declined 1.30 percent, Indofood … prices climbed higher Wednesday after OPEC ended its meeting without …

  • Indonesia vows to speed up nickel output despite global glut 31 Mar 2024 20:37 GMT

    … Indonesia has previously proposed a nickel version of the OPEC … nickel demand would damage Indonesia’s economy. Foreign … nickel industry. “From Indonesia’s perspective, they want … Benchmark Mineral Intelligence estimates Indonesia’s annual nickel output …

  • OPEC+ agreement and new sanctions support oil, coal rising from support levels and increasing petcoke discount 26 Mar 2024 09:12 GMT

    … ARA (US$) 89.00 Oil OPEC+ has extended its output cuts … from Asia spilled over to Indonesian coal in terms of both …

  • Oil Markets Await the Next OPEC+ Announcement 01 Mar 2024 16:53 GMT

    … the oil markets will be OPEC+ announcing the scrapping or the … metallurgical coal business to the Indonesian GEAR holding for $1.65 …

  • Are OPEC+ Members Ignoring 2024 Production Cuts? 16 Feb 2024 22:02 GMT

    … year amidst continuously rising Indonesian supply. Related: Wind … Mulls Scrapping Subsidies. Indonesia’s President-elect Prabowo … all, including higher-income Indonesians. Climate Action 100+ … Iraq Promises Better Compliance with OPEC+. The Iraqi oil ministry …

  • Opec Fund sets $27bln for 4,000 development projects 15 Feb 2024 11:56 GMT

    The OPEC Fund for International Development (OFID) … - UAE, Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria … in 1976, contributing as an Opec member state in the fund …

  • Indonesia Has Grand Ambitions for Its Nickel Industry 13 Feb 2024 11:08 GMT

    … world, nickel powerhouse Indonesia dreamed of harnessing its … the creation of an OPEC-style cartel for nickel. … Reformasi Information Services, an Indonesian political risk analysis consultancy. … firms’ investments in Indonesia and Jakarta’s nickel ore export …

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