#crude price

Collection of crude price news, found 84 news.

Indonesia targets lower budget deficit at 2.40 percent in 2027

Indonesian President Prabowo Subianto announced that the deficit target for the 2027 Draft State Budget (RAPBN) is set ...

Indonesia maintains fuel subsidy as global oil prices stay high

Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto said the government will keep the price ...

Prabowo pushes miners to comply with downstreaming policy

President Prabowo Subianto has urged companies holding special mining permits (IUPK) to adhere to Indonesia’s ...

President Prabowo orders no increase in subsidized fuel prices

Indonesian President Prabowo Subianto has ordered that subsidized fuel prices remain unchanged despite ongoing ...

Indonesia projects July crude price at US$67-US$71 per barrel

The Ministry of Energy and Mineral Resources projects the Indonesian Crude Price (ICP) in July 2026 to average between ...

Indonesia to prioritize domestic market for Abadi Masela gas supply

The Indonesian government will allocate the majority share of natural gas from the Abadi Masela LNG project to fuel the ...

Gov't, House agree on macro assumptions for 2027 state budget draft

The Indonesian government and the House of Representatives (DPR) have reached an agreement on the macroeconomic ...

Minister Bahlil intensifies efforts to raise domestic oil lifting

Minister of Energy and Mineral Resources Bahlil Lahadalia said the government is pursuing efforts to increase domestic ...

How the Hormuz reopening could lower fuel prices in Indonesia

The atmosphere inside the Presidential Palace Complex on Thursday (June 18) shifted from routine statecraft to cautious ...

Indonesia keeps fuel price unchanged despite dollar surge

Indonesia’s subsidized fuel prices, including Pertalite and biodiesel, will remain unchanged despite the rupiah ...

Indonesia keeps fuel prices steady despite rising crude oil costs

Indonesia will not increase the prices of subsidized fuels, including Pertalite and Biosolar, despite rising crude oil ...

Indonesia’s April crude price jumps on geopolitical risks

Indonesia’s Energy Ministry set the average Indonesian Crude Price (ICP) for April 2026 at US$117.31 per barrel, ...

Finance, Energy Ministers join forces to boost non-tax state revenue

Finance Minister Purbaya Yudhi Sadewa met with Energy and Mineral Resources Minister Bahlil Lahadalia to discuss ...

Indonesia's deficit seen below three pct despite oil risks

Indonesia can keep its budget deficit below the statutory three percent ceiling even if global oil prices spike, ...

Indonesia absorbs fuel price hikes as tensions rise

As global tensions ripple through energy markets, a familiar anxiety might have been expected across Indonesia. ...