#oil price

Collection of oil price news, found 567 news.

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 ...

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 ...

Minister expects oil, gas to boost economic growth

Minister of Energy and Mineral Resources Ignasius Jonan expects that oil and gas industry would boost Indonesias ...

Rubber price shrinking after rising in Q1: Gapkindo

North Sumatra, the countrys largest rubber producing province, recorded a 20.98 percent increase in exports to 166,741 ...

PGN makes net profit of US$96.8 million in first quarter

State-owned gas company PT Perusahaan Gas Negara Tbk. (PGN) has made a net profit of Rp1.29 trillion (US$96.8 million) ...

Mineral resource minister promotes oil, gas investment

The Minister of Energy and Mineral Resources, Ignasius Jonan, has been promoting every effort to improve oil and gas ...

Central bank warns of months of rising inflation rate

Senior Deputy Governor of Bank Indonesia Mirza Adityaswara said the period ahead of Islamic fasting month and Eid ...

Wintermar Offshore (WINS.JK) FY2016 operating profit grows 68% to US$4.9million

Wintermar Offshore Marine (WINS.JK) has announced FY2016 financial results. Operating profit rose 68% YOY to US$4.9M, ...

Indonesia's inflation rate to reach 4.5 percent in 2017

The International Monetary Fund (IMF) has forecast that the inflation rate in Indonesia could reach 4.5 percent this ...

Garuda Indonesia expands flights in Papua

The easternmost provinces of West Papua and Papua, which were formerly one province called Irian Jaya before they were ...

Garuda to serve Jayapura-Dekai route

Flag carrier Garuda Indonesia plans to open the Jayapura-Dekai route in Yahukimo District, Papua, after the ...

Indonesia`s inflation estimated at 0.69 percent in January

Bank Indonesia predicted that the countrys inflation in January is around 0.69 percent month to month. The ...

Indonesia accounts for 58 percent of sustainable palm oil production

Indonesia accounts for 58 percent of the worlds sustainable production of palm oil, the Roundtable on Sustainable Palm ...