#oil price

Collection of oil price news, found 568 news.

VP instructs ministers to maintain food price stability

Vice President Boediono has instructed relevant ministers and officials to maintain food price stability in the face ...

PKS to fight against fuel price hikes

The Prosperous Justice Party (PKS) will fight against the plan to increase subsidized fuel oil price during the ...

Yudhoyono appeals to political elites to set aside political interests

President Susilo Bambang Yudhoyono appealed to political elites in the country here on Wednesday to set aside their ...

Govt calls on regional leaders to support fuel price policy

Vice president Boediono has called on all regional leaders to support the government`s plan to increase fuel oil ...

House budget commission discusses economic growth with government

The House Budget Commission (Banggar) met with the government and Bank Indonesia here on Tuesday to agree on economic ...

May`s deflation suggests inflationary pressure can be curbed

Finance Minister Chatib Basri said May`s deflation of 0.03 percent suggested that inflationary pressure from an ...

Impact of fuel price hike to be temporary

The chairman of the Indonesian Business Association (Apindo) Sofyan Wanandi said he believed the impact of a rising ...

Govt never hesitates to raise fuel price

Energy and Mineral Resources Minister, Jero Wacik said that the government has never hesitated to raise the subsidized ...

House approves fuel oil quota at 48 million kiloliters

The House of Representatives (DPR) has approved the government`s proposal to set subsidized fuel oil quota at 48 ...

Fuel price hike depends on cash compensation: Minister

The government will raise the price of subsidized fuel oil after the House of Representatives (DPR) endorses cash ...

Current account deficit estimated at 2.2 pct: economist

The country`s current account deficit at the end of this year is estimated at 2.2 percent of the gross domestic ...

Govt trying to off set inflation: Minister

The government will do its best to control price increases in the face of subsidized fuel price hikes and the upcoming ...

Govt to propose oil lifting at 840,000 bpd

The government is to propose oil lifting (net production) at 840,000 barrels per day (bpd) in the revised 2013 state ...

Govt certain to revise growth target: Minister

The government is certain to revise downward the economic growth target of 6.8 percent for 2013 as the global economy ...

Deficit must be kept below three percent of GDP: Deputy minister

State budget deficit should be below three percent of the gross domestic product so that fiscal risks of additional ...