#oil price

Collection of oil price news, found 118 news.

Indonesia unveils 2027 budget growth targets

Indonesia’s 2027 macroeconomic and fiscal framework aims to accelerate economic growth, Coordinating Economic ...

Purbaya optimistic rupiah will rebound soon

Finance Minister Purbaya Yudhi Sadewa expressed optimism that the rupiah would strengthen as the government observed an ...

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 to roll out EV incentives in June to curb fuel imports

Indonesia will introduce incentives for electric vehicles (EVs) in June to reduce fuel imports as global oil prices ...

Indonesia's economy remains stable amid global volatility: KSSK

Indonesia's fiscal, monetary, and financial sectors remained stable in the first quarter of 2026 amid rising global ...

April inflation rate remains under control: Finance Minister

Finance Minister Purbaya Yudhi Sadewa assessed that the inflation rate in April 2026, which was recorded at 0.13 ...

Standard Chartered GBA Business Confidence Indices highlight resilience of GBA corporates despite Middle East uncertainties

Standard Chartered and the Hong Kong Trade Development Council (HKTDC) jointly released the latest ...

Minister: The hikes of non-subsidised fuel price not affecting MSMEs

Indonesia's Minister of Micro, Small, and Medium Enterprises (MSME) Maman Abdurrahman stated that the increase of ...

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, ...

Biofuels: Indonesia's strategic shield against energy volatility

Indonesia is navigating renewed turbulence in global energy markets as oil prices fluctuate amid ...

Biofuel becomes strategic protection amid oil price fluctuations

When global energy prices have recently fluctuated, Indonesia faces the classic challenge of dependence on energy ...

RI Govt striving to stabilize airfares amid rising jet fuel prices

The Indonesian government has been striving to maintain airfare price stability amid rising global jet fuel prices, ...

Indonesia to form task force to control illegal oil drilling

The Indonesian government is preparing to establish a task force to curb illegal drilling and regulate unauthorized oil ...

RI's finance minister says fuel subsidy policy follows president

Indonesia’s finance minister said key economic policies, including keeping subsidized fuel prices unchanged ...

Oil price tops US$100 to reduce growth by 0.1 percent: Bappenas

Indonesia would experience a 0.1 percent economic slowdown if global oil prices remain at US$100 per barrel until June, ...