#oil price

Collection of oil price news, found 129 news.

CBL International Reports Strong 1H 2026 Results

 CBL International Limited (Nasdaq: BANL) (the “Company” or “CBL”), the listing vehicle of ...

Indonesia Finance Minister confident 2027 budget targets can be met

Finance Minister Purbaya Yudhi Sadewa expressed strong optimism that the targets outlined in the 2027 Draft State ...

Annual Budget Speech

Indonesia targets 6 percent economic growth in 2027, Prabowo says

The government is targeting Indonesia's economic growth to reach 6 percent year-on-year in 2027, according to the ...

Indonesian President orders PLN to end diesel power, targeting 13 GW

Indonesian President Prabowo Subianto ordered state utility PT PLN to shut down diesel-fired power plants with 13 ...

Govt to restrict Pertalite subsidies for upper deciles in phases

The government plans to phase in restrictions on subsidized fuel, specifically Pertalite, targeting high-income ...

Indonesia maintains fuel subsidy as global oil prices stay high

Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto said the government will keep the price ...

Govt optimistic monthly trade surplus returns as oil prices stabilize

Indonesian Trade Minister Budi Santoso has expressed optimism that Indonesia's trade balance will return to a ...

President Prabowo orders no increase in subsidized fuel prices

Indonesian President Prabowo Subianto has ordered that subsidized fuel prices remain unchanged despite ongoing ...

Finance minster says budget safe despite rebound in global oil prices

Finance Minister Purbaya Yudhi Sadewa said the country’s 2026 State Budget (APBN) will remain resilient despite ...

Indonesia secures energy alternatives amid US-Iran peace talks

The Indonesian government is actively securing alternative energy sources to guarantee domestic energy security amid ...

Indonesia cracks down on companies suppressing palm prices

President Prabowo Subianto has reportedly instructed a 10 percent increase in the price of fresh fruit bunches (FFB) ...

Indonesia unveils 2027 budget growth targets

Indonesia’s 2027 macroeconomic and fiscal framework aims to accelerate economic growth, Coordinating Economic ...

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 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 ...