#crude oil

Collection of crude oil news, found 509 news.

Indonesia must be prepared to anticipate US-Iran tensions

Indonesia must be ready to anticipate tensions between the United States and Iran otherwise it can affect the ...

Finance Ministry monitors oil pricing following Iran-US tension

The Ministry of Finance will continue to monitor the movement of world oil prices in the midst of the escalating ...

Indonesia's economy estimated to grow five percent in 2019: economist

Chief economist of state lender Bank Mandiri Andry Asmoro has projected the national economy to grow five percent ...

Indonesia registers US$1.33 billion trade deficit in November

Indonesia's trade balance in November 2019 plunged into deficit reaching US$1.33 billion, thereby reversing the ...

KPK summons four witnesses in crude oil trade graft case

The Corruption Eradication Commission (KPK) issued a summons to four witnesses over investigation into a bribery case ...

Indonesia's trade balance recorded USD0.16 billion in September

Indonesia's trade balance recorded a narrow USD0.16 billion deficit in September 2019 after achieving a USD0.11 ...

Petrochemical set to become future downstream industry

The government has encouraged the petrochemical industry to become a future downstream industry in the oil and gas ...

Political stability will return soon: Sri Mulyani

Finance Minister Sri Mulyani Indrawati expected the situation and political stability in Indonesia to recover soon ...

Indonesian government remains wary of hike in global oil prices

The Government of Indonesia maintains a guarded stance over the rise in global oil prices as an outcome of the attack ...

Indonesia opens "oil and gas corner" at embassy in Kuwait

Indonesian Minister of Foreign Affairs, Retno Marsudi, inaugurated the first "oil and gas corner" at the ...

Pertamina's 2019 first-half net profit touches US$660 million

The net profit of state-owned oil and gas company Pertamina has reportedly reached US$660 million, or Rp9.4 trillion, ...

Pertamina's crude imports decline 35 percent

State oil and gas company Pertamina curbed its crude oil imports by nearly 35 percent since early this year by ...

Indonesian crude price increases to US$61.32 per barrel

The Indonesian crude price (ICP) stood at US$61.32 per barrel in July 2019, a slight increase of $0.32 per barrel, from ...

Karawang's salt farmers suffer losses from Pertamina's oil spill

Salt farmers in the northern coast of Karawang, West Java, suffered Rp500-Rp700 million losses from oil spilling from ...

Renewable energy complementary to fossil fuel: practitioner

New and renewable energy is still supporting or complementary to the use of fossil energy, national oil and gas ...