#oil price

Collection of oil price news, found 568 news.

Fiscal room to be wider in 2015: Finance minister

Finance minister Bambang Brodjonegoro said fiscal room in 2015 would be wider because the government would boost tax ...

Indonesian govt considered global oil prices to set subsidized fuel prices

The government considered the US dollar exchange rate and international oil prices before increasing the prices of ...

Rioters can be arrested: Jusuf Kalla

Anyone found rioting or resorting to anarchism during demonstrations against oil price hike can be detained, Vice ...

Fuel price hike to be announced soon: VP

The fuel price hike will soon be announced to dispel public doubts and to create a socially and economically conducive ...

Indonesian govt to divert fuel subsidy to productive sectors

The Indonesian government has decided to reallocate some Rp330 trillion of energy subsidy to productive sectors that ...

Jakarta composite index opens lower

After closing higher on Wednesday, the Jakarta composite index opened lower on Thursday to follow negative sentiment ...

CPO export tax to be abolished in October

The government will abolished the export tax on crude palm oil in October following the shrinking price of that ...

Pertamina ready to build 150 gas stations by 2015

Indonesian state-owned oil and natural gas corporation PT Pertamina (Persero) stated its readiness to build 150 gas ...

BI calls for improving economic conditions to reduce rupiah pressures

Bank Indonesia has called on the government to improve macro-economic conditions in a bid to reduce pressures on the ...

Fuel price rise of Rp1,000 contributes 1.5 percent inflation

An increase in the price of subsidized fuel of Rp1,000 per liter will contribute 1-1.5 percent to the inflation rate, ...

Jokowi ready to raise fuel prices

While a group of students in Malang, East Java, staged a protest against his plan, President-elect Joko Widodo said in ...

Price of Indonesian crude oil below US$100 per barrel in August

The prices of Indonesian crude oil (ICP) averaged below US$100 per barrel in August, based on data at the energy and ...

Indonesia requires additional 100 thousand MW electricity

Trade Minister Muhammad Lutfi stated that Indonesia still needed additional 100 thousand MW electricity to support ...

President Yudhoyono reaffirms subsidized oil fuel prices would not be raised

Outgoing President Susilo Bambang Yudhoyono reaffirmed that his government would not raise the prices of oil fuels ...

Fuel price hike to burden people: president

President Susilo Bambang Yudhoyono said his government will not raise subsidized fuel prices because it will further ...