Indonesia’s governor to the Organization of the Petroleum Exporting Countries (OPEC), Widhyawan Prawiraatmadja, said on Monday that oil price at $45 a barrel was “not so bad”. He added that there would be no need in the freeze of the oil output if the oil price remains at $45 a barrel.
Prawiraatmadja noted that oil price at $50 – $60 was ideal, but still too cheap.
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