Indonesia may increasingly favor US crude as Jakarta tightens belt

Capt. John

The Indonesian government has slashed Pertamina’s crude import allowance for 2020 as Jakarta extends its efforts to lower the country’s current account deficit, strengthening the impetus for the state-run refiner to pick up more US crude as light sweet North American grades come much cheaper than...

https://www.hellenicshippingnews.com/indonesia-may-increasingly-favor-us-crude-as-jakarta-tightens-belt/

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