#oil price

Collection of oil price news, found 90 news.

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 ...

PetroChina to drill two oil wells in Jambi

The oil and gas company PetroChina will carry out drilling for two new wells in April 2016 in an effort to develop ...

The future still gloomy for palm oil business

Oil palm farmers and companies in the country are feared to be disappointed that their hope of a better year in 2016 ...

Indonesia government lowers premium gasoline, diesel oil prices

In a move to usher in the new year on a positive note, the government has significantly lowered the prices of premium ...

Pertamina targets US$1.61 billion net profit

State-owned energy company PT Pertamina has set a target of earning a net profit of US$1.61 billion next year despite ...

N. Sumatra`s rubber production predicted to decline

North Sumatras production of natural rubber is predicted to decline to around 450,000 tons this year from 465,000 tons ...

Indonesia believes current oil price hike to be temporary

Indonesian Finance Minister Chatib Basri said here on Friday he believed the current world oil price hike will be ...

Jakarta composite index down 23.59 points

The Jakarta composite index (JCI) closed lower on Thursday on investors predicting that the country would post wider ...

Rupiah gains in opening against US dollar

The Indonesian currency rupiah regains some of its losses against the US dollar in the first minutes of trade on ...

Jakarta shares close lower

Jakarta shares closed lower with composite index (JCI) down 0.44 percent on Wednesday on oil price hike in the world ...

Jakarta index down on regional sentiment

The Jakarta composite index (JCI) opened slightly lower in the opening trade on Wednesday to follow the regional ...

Rupiah loses more value against the U.S. dollar

The Indonesian currency rupiah lost more value against the US dollar in the first minutes of trade on Wednesday ...

Oil, gas revenues expected to fall short of target

State revenues from the oil and gas sector this year are predicted to fall short of the target of US$31.7 billion ...

Kalla predicted to be most favorite presidential candidate pair

Former vice president Yusuf Kalla is predicted to become the most favorite presidential candidate pair in the coming ...

Govt to announce energy-saving programmes by end of April

Energy minister Jero Wacik said President Susilo Bambang Yudhoyono would announce energy- and water-saving programmes ...