#oil price

Collection of oil price news, found 113 news.

Central government`s spending to reach Rp1,634 trillion

The central government`s spending is projected to reach Rp1,634.3 trillion next year, Finance Minister Sri Mulyani ...

Minister predicts state income overshoots 2018 target

Finance Minister Sri Mulyani Indrawati said she is optimistic the state income in 2018 would overshoot the target of ...

News focus - Indonesia`s economy improves amid economic turbulence By Azis Kurmala

Global economic growth is flat and uneven, accompanied by widespread uncertainty blighting the global financial ...

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 ...

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 ...