A Conspiracy that Troubles Us
The high oil price will add to the burdens of many countries that are currently struggling against inflation, including Indonesia. This problem feels even heavier as the global economic slump will reduce the price of commodities.
Yopie Hidayat
October 10, 2022
A CONSPIRACY has caused oil prices to take off once again. Supposedly, a weakening global economy would drag oil prices down. At least, that was the hope of oil-importing countries. That hope died last week.
In a meeting in Vienna, the Organization of Petroleum Exporting Countries (OPEC) plus 10 other oil-producing countries agreed to cut off oil production by two million barrels per day to push its price up. The Brent oil price, the main benchm
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