#oil price

Collection of oil price news, found 567 news.

Ministry moves to tackle global food price hike impact

The Trade Ministry has taken strategic steps to handle the rise in global food prices, which is affecting national ...

Palm oil industry will remain crucial national economic backbone: VP

The palm oil and derivative products industry would still serve as a crucial pillar of the national economy, Vice ...

ID card now mandatory for purchasing MinyaKita cooking oil: Minister

Trade Minister Zulkifli Hasan highlighted the requirement of a personal identification card for purchase of the ...

Commodity price decline a challenge for 2023 tax revenue: Ministry

Decline in commodity prices, including the price of Crude Palm Oil (CPO) that became Indonesia's flagship export ...

Global uncertainty giving a headache to G20 leaders: Widodo

Global issues proved to be a source of headache for leaders who participated in the G20 Summit and left them with lined ...

Local governments should watch for goods' price hike before Christmas

Deputy Home Affairs Minister John Wempi Wetipo urged local governments to be cautious of the surging prices of rice and ...

Asia, Middle East alternative markets for palm oil export: Economist

Asia and the Middle East could become alternative markets for Indonesian palm oil export after the European Union ...

BI sees core inflation sliding below 4% in 2023 first half

Bank Indonesia (BI) has forecast that the country's core inflation will fall below four percent year-on-year (yoy) ...

State, private sector synergy can expedite energy transition: BRIN

The National Research and Innovation Agency (BRIN) has said that synergy between the state and the private sector could ...

Rising global oil price reason not to delay energy transition

The skyrocketing price of global oil is one reason why the energy transition must not be delayed, Deputy Minister I of ...

Ministry monitoring OPEC+ plans to slash oil output

The Finance Ministry has said that it is still monitoring the plan of OPEC+, or the Organization of the Petroleum ...

Wage subsidy distribution in West Java reaches 77%: Manpower Office

The distribution of the 2022 Wage Subsidy Assistance (BSU) has reached 77 percent of the total 2.1 million recipients ...

Indonesia must remain alert to 2023 global recession risk: minister

Indonesia will need to surmount three challenges that will come with the threat of global recession, which is expected ...

Global recession likely in 2023, OJK warns

A global economic recession is almost certain in 2023 or earlier, chief of the Financial Services Authority ...

Trade Minister sends affordable cooking oil to North Maluku

Trade Minister Zulkifli Hasan on Saturday sent 36 shipping containers carrying 640 thousand liters of affordably priced ...