#global oil

Collection of global oil news, found 103 news.

Indonesian govt defends Pertamaxprice hike as fiscal safeguard

Indonesia's decision to raise Pertamax fuel prices is aimed at reducing fiscal pressure and preserving budget ...

Energy, AI anchor Indonesia-South Korea relations: envoy

Energy, artificial intelligence (AI), advanced technology, and human resource development will anchor the next phase of ...

Indonesia sees no need to recalculate budget despite rupiah weakness

Finance Minister Purbaya Yudhi Sadewa said that the government does not need to recalculate the state budget despite ...

Prabowo learns 2008 crisis lessons from SBY economic team

President Prabowo Subianto invited several economic officials from President Susilo Bambang Yudhoyono (SBY)'s ...

Purbaya optimistic rupiah will rebound soon

Finance Minister Purbaya Yudhi Sadewa expressed optimism that the rupiah would strengthen as the government observed an ...

Indonesia keeps fuel prices steady despite rising crude oil costs

Indonesia will not increase the prices of subsidized fuels, including Pertalite and Biosolar, despite rising crude oil ...

Indonesia’s April crude price jumps on geopolitical risks

Indonesia’s Energy Ministry set the average Indonesian Crude Price (ICP) for April 2026 at US$117.31 per barrel, ...

RI welcomes Nigerian crude oil supply

The Ministry of Energy and Mineral Resources (ESDM) confirmed crude oil supplies from Nigeria have arrived in ...

Indonesia to roll out EV incentives in June to curb fuel imports

Indonesia will introduce incentives for electric vehicles (EVs) in June to reduce fuel imports as global oil prices ...

Indonesia expects Russian crude shipment within weeks

Indonesia expects its first crude oil shipment from Russia to arrive within the next two weeks after finalizing ...

Indonesia plans Sumatra oil storage facility to boost energy reserves

Indonesia plans to build an oil storage facility in a Sumatra special economic zone to boost energy reserves, Energy ...

Indonesia records $3.3 bln foreign inflows in 2026: BI Governor

Indonesia recorded US$3.3 billion in foreign portfolio inflows from January to April this year, mainly driven by ...

Indonesia's economy remains stable amid global volatility: KSSK

Indonesia's fiscal, monetary, and financial sectors remained stable in the first quarter of 2026 amid rising global ...

Indonesia readies flexible energy scenarios amid oil swings

Indonesia is preparing flexible policy scenarios to safeguard energy stability as global oil prices fluctuate widely, ...

April inflation rate remains under control: Finance Minister

Finance Minister Purbaya Yudhi Sadewa assessed that the inflation rate in April 2026, which was recorded at 0.13 ...