#crude price

Collection of crude price news, found 235 news.

Govt not to propose budget revision for subsidy change

The government will not propose a revision of the state budget in relation to a change in the ceiling of subsidy due ...

Extra energy subsidy not to widen budget deficit: Senior minister

The government`s plan to raise budget allocations for energy subsidy will not widen the budget deficit, Coordinating ...

Indonesian crude price reaches highest value in december 2017: Ministry

The Indonesian Crude Price (ICP) recorded the highest value in December 2017 owing to the impact of the Organization ...

Global oil price hike may have positive impact on state revenues

Finance Minister Sri Mulyani Indrawati has given the assurance that the successive oil price hike in 2017 and 2018 may ...

Pertamina posts profit of US$1.99 billion

State oil and gas company Pertamina booked a net profit of US$1.99 billion in the first nine months of 2017. ...

Rupiah strengthens 8 points to close at Rp13,192 per dollar

The Indonesian rupiah rose eight points to close at Rp13,192 per dollar in the Jakarta inter-bank spot market on ...

DPR passes 2017 revised budget bill into law

The House of Representatives (DPR) has passed the 2017 revised budget bill into law in a plenary session here on ...

Government to maintain deficit below 3 percent of GDP

Finance Minister Sri Mulyani assured here on Wednesday that the government would maintain the deficit in the draft ...

No increase in fuel oil prices: Minister

Energy and Mineral Resources (ESDM) Minister Ignasius Jonan said that the government will not raise the prices of fuel ...

Indonesian crude price falls to $43.66 per barrel in June 2017

The Energy and Mineral Resources Ministry announced on Tuesday Indonesian Crude Price (ICP) fell by US$3.43 to ...

Government not to raise fuel price until Sept: Minister

The government has decided not to increase fuel oil prices until Sept. this year, Energy and Mineral Resources ...

Budget deficit to widen to 2.6 percent of GDP: Finance minister

A deficit in the 2017 state budget is expected to widen to 2.6 percent from the targeted 2.41 percent of the gross ...

Global crude price hike may trigger inflation: Chief economic minister

Global crude price hike may lead to the adjustment of domestic fuel price and raise the inflation rate indirectly, ...

Gulf tension may affect oil price: Senior minister

Geopolitical tension in the Middle East, triggered by the decision of several Arab states to cut diplomatic ties with ...

Government to review fuel oil prices after Lebaran

The Energy and Mineral Resources Ministry is set to evaluate the prices of fuel oils, particularly subsidized premium ...