	indonesia cuts july  supplies to japan indonesia s state oil company pertamina has informed its affiliated japanese companies that  oil supplies will be pct less than contractual volumes in july a spokesman for an affiliated company said he said the allocations were in line with indonesia s production ceiling under its current opec quota so they might be increased if opec ratifies a production rise next week allocations of indonesia s main traded  minas had been cut by pct and duri by pct he said last month contractual volumes were cut by pct contractual volumes assume no production ceiling oil traders said indonesian grades were already trading above their official selling prices osp on the spot market due to strong demand from japan and the u s and tight supplies a cargo of duri loading in july was reportedly traded yesterday at cents over its osp of dlrs per barrel and minas is trading about cents higher they said reuter 
