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Indonesia Considers Leaving OPEC


The OPEC oil cartel may lose a member in the future.

Indonesian officials they are weighing the benefits against the costs of staying in the 11-member group of oil exporters.

Indonesia's oil output has fallen over the past few years to less than one million barrels a day. A Reuters news agency story says the nation is struggling to remain a net exporter of oil.

In a VOA interview, an OPEC spokesman said the cartel has not received any official notification about any planned changes in Indonesia's membership.

OPEC members try to control oil prices by setting limits for each member's output. The group controls more than half of global crude exports.

Some information for this report provided by Reuters and AP.

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