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Indonesia May Become an Oil Importer as Output Slides
Indonesia, Southeast Asia’s only OPEC member, may become a net oil importer this year as projects led by ConocoPhillips, Unocal Corp. and PetroChina Co. fail to stem falling output, helping to boost fuel prices to records.
April 13, 2005
OPEC will stick with dollar, president says
The Organisation of Petroleum Exporting Countries would not adopt the euro to replace the US dollar as the currency for oil sales, the body’s president, Purnomo Yusgiantoro, said yesterday.
November 24, 2004
