#crude oil

Collection of crude oil news, found 509 news.

Rupiah to be stable at its new equilibrium

The Indonesian rupiah this week hit its new equilibrium in value of Rp15,000 per US dollar which analysts said would ...

Pertamina EP Asset 3 overshoots production target

PT Pertamina EP Asset 3, a production unit of PT Pertamina EP, has produced 12,408 barrels of crude oil per day (BOPD) ...

Government records trade balance surplus of us$0.23 billion

Indonesia`s trade balance in September 2018 experienced a surplus of US$0.23 billion, triggered by a non-oil and gas ...

IMF, WB laud Jokowi`s speech on developed countries` threat

The International Monetary Fund (IMF) and the World Bank (WB) have expressed their appreciation over President Joko ...

BUMN Ministry succeeds in winning investment commitments worth US$13.5 billion

The State Enterprises (BUMN) Ministry has succeeded in winning a commitment of foreign companies to invest US$13.5 ...

IMF-WB - Pertamina secures biggest partnership from investment forum

State-owned oil company PT Pertamina secured the biggest investment worth US$6.5 billion from the Indonesia Investment ...

IMF-WB - Rupiah`s depreciation might be good for investment: IMF

The depreciation of Indonesia`s currency exchange rupiah might be good for investment if it combines with the ...

Pertamina EP overshoots production target

PT Pertamina EP, a subsidiary of state energy company PT Pertamina produced oil and gas averaging 260,500 barrels of ...

Rupiah under big pressure: BI

The rupiah exchange rate was facing considerable pressure until finally depreciating, thereby crossing a new ...

AGO detains Pertamina ex-president director

The Attorney General Office (AGO) has detained former President Director of PT Pertamina (Persero) Karen Galaila ...

Indonesia`s trade deficit reduces in August: BI

Indonesia`s trade balance recorded a deficit of US$1.02 billion in August 2018, reducing from $2.01 billion the month ...

House lauds Pertamina`s step to cut oil imports

The House of Representatives (DPR) has lauded state oil and gas company Pertamina`s step to cut oil imports as part of ...

Bold step to end years of deficit in current account balance

The government has taken a drastic step by curbing imports mainly import of consumer goods in a bid to prevent a ...

Indonesian crude price declining

Indonesian Crude Price (ICP) last August declined by 69.36 US dollars per barrel or going down by 1,33 US dollars per ...

Pertamina expected to use all Indonesian crude oil production

State-owned energy company PT Pertamina is expected to be able to use all Indonesia`s crude oil production to be fed ...