#global oil prices

Collection of global oil prices news, found 85 news.

MPR highlights importance of anticipating global economic threats

Speaker of the People's Consultative Assembly (MPR) Bambang Soesatyo on Tuesday highlighted the ...

Concerning state of global economy due to inflation: President

President Joko Widodo (Jokowi) stated that the world was currently in a concerning condition due to declining economic ...

Increased prices of key export commodities beneficial for Indonesia

The surge in prices of key export commodities in the global market worked in Indonesia's favor, with the state ...

Air Bridge helping narrow price disparity in eastern Indonesia: govt

The Air Bridge Program (Jembara) has been considered successful in reducing the disparity in prices of some essential ...

G20 Indonesia

Energy Minister inspects fuel infrastructure in Labuan Bajo

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif visited several fuel infrastructures in Labuan ...

Tracing Pertamina's cost efficiency amid high global oil prices

State-owned oil and gas firm PT Pertamina (Persero) succeeded in achieving cost optimization of US$2.21 billion in 2021 ...

Pertamax fuel price hike due to its non-subsidy nature: Pertamina

The Pertamax fuel (RON 92) price hike is inevitable because it is not subsidized, and the fluctuation of its ...

Lawmaker calls for sanctions on industry actors using subsidized fuel

The government and relevant authorities must be firm in imposing sanctions against industry actors who continue to use ...

Indonesia calibrates policy to handle Ukraine-Russia conflict's impact

The Indonesian Government prepares policy calibration to address the impact of the conflict between Ukraine and Russia, ...

Minister Tasrif inaugurates Merakes gas project in East Kalimantan

Energy and Mineral Resources Minister Arifin Tasrif inaugurated the Merakes gas field development project, with an ...

BKF estimates continuing oil price slump could widen budget deficit

The Finance Ministry's Fiscal Policy Agency (BKF) has projected that the continuing drop in global oil prices could ...

BI Governor responds to plunge in world oil prices

Bank Indonesia (BI) Governor Perry Warjiyo has responded to the global oil prices that crashed, from US$60 to around ...

Finance Ministry monitors oil pricing following Iran-US tension

The Ministry of Finance will continue to monitor the movement of world oil prices in the midst of the escalating ...

Indonesian Crude Price rises US$3.44 per barrel in November

The average Indonesian Crude Price (ICP) in November 2019 increased US$3.44 to US$63.26, as compared to US$59.82 per ...

SKK Migas targets 1mn bpd in oil, gas

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) has set a target of national oil and gas production ...