#fuel oil

Collection of fuel oil news, found 729 news.

Fuel price hikes to trigger 8.5 percent inflation: Citi

Citi Securities has predicted that if the government realizes its plan to increase subsidized fuel oil prices, it ...

President calls on people to save on fuels

President Susilo Bambang Yudhoyono called on the people to seriously help save on fuel oil consumption in an effort to ...

Govt trying to off set inflation: Minister

The government will do its best to control price increases in the face of subsidized fuel price hikes and the upcoming ...

Indonesian govt anticipates subsidized fuel hoarding ahead of price hike

The government is anticipating the possibility of certain quarters hoarding subsidized gasoline and diesel oil ahead ...

Deficit must be kept below three percent of GDP: Deputy minister

State budget deficit should be below three percent of the gross domestic product so that fiscal risks of additional ...

Fuel subsidy should be reduced: President

Fuel subsidy must be reduced to maintain budget stability and to diminish the burden of state budget, President Susilo ...

Indonesia can achieve 6.6 pct economic growth this year

Amid predictions of lower economic growth by international institutions, Bank Indonesia (BI) is still convinced that ...

Fuel price hike not to boost inflation

The government, along with analysts, has predicted that if it raises subsidized fuel price hikes next month with a ...

Govt to propose additional subsidized fuel quota soon

The government will soon propose an additional quota of subsidized gasoline and diesel oil under the revised 2013 ...

President Yudhoyono chairs cabinet meeting on fuel subsidy policy

President Susilo Bambang Yudhoyono chaired a limited cabinet meeting at his office here on Wednesday to discuss the ...

Deficit to increase if fuel consumption not controlled: Deputy minister

The budget deficit set at 1.65 percent of the Gross Domestic Product (GDP) will increase if subsidized fuel ...

Hatta to summon governors for fuel talk

Coordinating Minister for Economy Hatta Rajasa will summon all governors in Indonesia to discuss the handling of fuel ...

Bank Indonesia has prepared scenarios for possible fuel price hike

The Indonesian central bank (Bank Indonesia /BI) governor Darmin Nasution said the central bank has already prepared ...

Limitation of diesel oil consumption to boost inflation: observer

Limitation of subsidized diesel oil consumption will boost inflation in April because transportation and small and ...

Fuel oil price hike may save Rp40 trillion budget: Official

Ministry of Finance has calculated that government may save Rp35 to Rp40 trillion of subsidy fund if it raises the ...