#oil price

Collection of oil price news, found 568 news.

Subsidized cooking oil price begins to normalize: Minister Santoso

The price of subsidized cooking oil MinyaKita, which had hit Rp17 thousand (US$1.05) per liter, has begun to decline to ...

Indonesia's trade balance records surplus for 54 consecutive months

Indonesia's trade balance has remained in surplus for the past 54 months amid a weakening global economy, according ...

Palm oil industry drives business activities in remote areas: Ministry

The Industry Ministry stated that the palm oil processing industry helped to improve productive business activities, ...

Ombudsman urges Indonesian Govt to create special agency for palm oil

Indonesian Ombudsman member Yeka Hendra Fatika has recommended that the government establish a special agency for palm ...

Indonesia targets to be palm oil price setter

The Ministry of Agriculture has set a target of making Indonesia the world’s largest palm oil producer by 2025, ...

Parliament greenlights 2025 State Budget, FM advises prudence

The House of Representatives (DPR) approved the 2025 State Budget Bill during a plenary meeting of the parliament on ...

Jokowi highlights TNI, Polri role in preserving stability

President Joko Widodo (Jokowi) has emphasized the essential role of the Indonesian Military (TNI) and the National ...

Bahlil says electricity subsidy budget will expand by 23% next year

The government’s budget for electricity subsidies in 2025 will increase by over 23 percent to Rp90.22 trillion ...

Govt to hold natural gas prices for 7 industries

The government has decided to keep certain natural gas prices (HGBT) or cheap gas prices below US$6 per MMBTU (one ...

Jokowi hopes global oil prices not impacted by Raisi's death

President Joko Widodo (Jokowi) expressed hope that the tragic death of Iranian President Ebrahim Raisi in a helicopter ...

HGBT Program to continue till regulation remains in place: minister

The certain natural gas prices (HGBT) program will continue to be implemented as long as the related presidential ...

Utilizing debt for national development: Finance Ministry

The Finance Ministry is utilizing and managing the government's debt for national development, Director of ...

ISSI sends 14 athletes to Asian Track Championships in Malaysia

The Indonesian Cycling Federation (ISSI) said here on Tuesday that it has sent 14 elite and junior athletes to compete ...

BI optimistic about East Java's economic improvement

The Bank of Indonesia (BI) is optimistic that the economy in East Java will improve, as it recorded a 4.95 percent ...

Global turmoil to make 2024 oil prices difficult to predict: minister

Finance Minister Sri Mulyani Indrawati has said that oil prices in 2024 will continue to be affected by global ...