highrider - indonesia oilfrom your 'not opecs fault' post : "With countries such as Indonesia and Iran adding a million barrels/day each next year " ...where on earth did you get that info ???
"Last week, both parties agreed to set Indonesia's oil production in 2016 at 800,000 to 830,000 barrels of oil per day (bopd) following extensive discussions with 10 Cooperation Contract Contractors, according to the the MEMR. The 2016 oil production goal for Southeast Asia's largest country is quite in line with the target set for the current year at 825,000 bopd, which was 3.9 percent more than the 794,000 bopd in 2014. - See more at: https://www.rigzone.com/news/oil_gas/a/139286/Indonesia_Sets_Oil_Gas_Production_Targets_for_2016#sthash.69f46w5N.dpuf