OPEC

Indonesia Opposes any Change in December Agreement

The Indonesian Minister of Mines and Energy, Dr. Subroto, has said that OPEC should not attempt to modify the December Geneva agreement at its forthcoming conference in June. Dr. Subroto told reporters in Jakarta on 26 May that Indonesia would urge the conference to apply the December agreement for the rest of the year, since "if you start talking about quotas and pricing changes again, you are just opening up a Pandora's...