#crude oil

Collection of crude oil news, found 512 news.

Government still undecided about adjusting Pertalite gasoline price

The government has yet to take a decision about adjusting the price of subsidized Pertalite gasoline despite an ...

Consider public's financial condition before raising fuel prices: DPR

House of Representatives (DPR) Speaker Puan Maharani has urged the government to take into account the public's ...

Chevron and Pertamina announce partnership on lower carbon opportunities

Chevron Corporation (NYSE: CVX), through its subsidiary Chevron New Ventures Pte. Ltd. (Chevron), and Indonesia’s PT ...

Inflation rate may rise to 4% in 2023: ministry

Deputy Minister of Finance Suahasil Nazara has said that there is a possibility that Indonesia's ...

Russia-Ukraine war impacts global trade: BPS

The war between Russia and Ukraine had an impact on global trade, given the strategic role played by both nations, Head ...

Import, export commodity prices climbed significantly in Mar 2022: BPS

Statistics Indonesia (BPS) Head Margo Yuwono highlighted that the prices of export and import commodities in March 2022 ...

Additional quota suggested for subsidized fuels: ESDM Minister

The government has suggested to the Indonesian House of Representatives (DPR RI) to increase the quota for subsidized ...

Price disparity triggers subsidized diesel fuel scarcity: Minister

The wide price disparity between subsidized and non-subsidized diesel fuels triggered the scarcity in subsidized diesel ...

ICP hits record high of US$113.50 per barrel in March

Indonesian Crude Price (ICP) hit a record high of US$113.50 per barrel in March 2022 due to the Russia-Ukraine ...

Indonesia's state income projected to surpass 2022 target: ADB

Asian Development Bank (ADB) senior economist Henry Ma has forecast Indonesia's state income in 2022 to surpass its ...

Indonesia among the slowest to raise fuel oil prices: minister

Indonesia has been one of the slowest countries to raise fuel oil prices, Coordinating Minister for Maritime Affairs ...

Indonesia's food price inflation at 3.4 percent despite Ukraine war

Food price inflation in Indonesia is still maintained at 3.4 percent despite the country being affected by the ...

Pertamina to keep Pertalite price unchanged for economic stability

State oil and gas company PT Pertamina has assured that it will not raise the price of Pertalite gasoline despite an ...

Russia-Ukraine conflict may slow down Indonesia's recovery: expert

The Russia-Ukraine conflict may slow down economic recovery in Indonesia and other developing countries, Institute for ...

Pertamina strives to maintain performance despite hike in oil prices

PT Pertamina pursues consistence in maintaining its operational performance both in the upstream and downstream domains ...