#crude oil

Collection of crude oil news, found 512 news.

RI, Saudi Trade cooperation needs to be expanded: NGO

The Center of Reform on Economics (CORE), an independent research institute, has highlighted the importance of ...

Indonesia's inflation rate to reach 4.5 percent in 2017

The International Monetary Fund (IMF) has forecast that the inflation rate in Indonesia could reach 4.5 percent this ...

Indonesia`s imports in 2016 down 5 percent from 2015

The Central Bureau of Statistics (BPS) said the countrys imports were valued at US$135.65 billion in 2016, or 4.94 ...

Indonesia`s trade balance sees US$8.78 billion surplus

Indonesias 2016 trade balance saw a surplus of US$8.78 billion compared to 2015, driven by a 1.99 percent rise in ...

Indonesia eyes two oil fields in Iran

The Indonesia government is eyeing two Irans gas fields of Ab-Teymoura and Mansouri. "I hope a team from here ...

Control food prices to manage inflation in 2017: Minister

The government should control domestic food prices to keep inflation in 2017 below the projected four percent, ...

Kadin supports Indonesia out of OPEC

Hardini Puspasari, the chairperson of the Standing Committee of Cooperation Assistance/Development of Renewable Energy ...

Suspension of OPEC membership has little effect on budget: Coordinating minister

Coordinating Minister for Economy Darmin Nasution said the effect of the country quitting OPEC is insignificant on the ...

Indonesia to enhance economic partnership with Iran

Indonesia will enhance its trade and investment in the Islamic Republic of Iran. Currently, both trade and investment ...

Rupiah strengthens to 13,045 as of Monday afternoon

The interbank exchange rate of rupiah in Jakarta moved higher by 23 points, reaching 13,045 rupiah per one US dollar ...

Pertamina reports net profit of Rp23.8 trillion in six months

PT Pertamina reported US$1.83 billion (Rp23.8 trillion) in net profit in the first half of the year, or an increase of ...

Rupiah gains over US dollar on Thursday

The rupiah value rose in the closing inter-bank transaction on Thursday trading at the level of 13,221 per US$ dollar ...

Pertamina, Iran cooperate on oil fields development

The oil and gas state-owned company, Pertamina, and the Iranian National Iranian Oil Company (NIOC) have signed a ...

Jakarta index closes lower on profit taking by local investors

Profit taking by domestic investors resulted in the Jakarta composite index (JCI) closing 0.47 percent lower on ...

Cepu block oil production up to 185,000 barrels per day

ExxonMobil Cepu Limited (EMCL) said crude oil production of the Banyuurip field of the Cepu block in the regency of ...