#oil price

Collection of oil price news, found 568 news.

Govt predicts global crude price to reach $100/barrel

The government predicts that the global crude price will reach the level of US$100 a barrel next year, Deputy ...

Geothermal-based electricity`s minmum price must be raised : Pertamina

State oil and gas company PT Pertamina wants the selling price of electricity from geothermal energy sources set at a ...

House approves electricity subsidy of Rp45 trillion for 2012

The House of Representatives (DPR) has approved the government-proposed budget allocations of Rp45 trillion for ...

Indonesia to increase oil lifting volume

Indonesia is seeking to increase its oil lifting volume to one million barrels per day in 2013 due to price ...

Nat`l economy may yet grow over 6.7 percent : observer

Gajadmada University economist Sri Adiningsih said here on Wednesday she believed the Indonesian economy may indeed ...

Assumed economic growth in draft 2012 state budget 6.7 pct

President Susilo Bambang Yudhoyono said the assumed economic growth figure in the Draft 2012 State Budget of 6.7 ...

Drop in crude prices not yet afected state budget

The recent drop in global crude prices following crises in the US and Europe has yet to affect the assumed Indonesian ...

Indonesia Stock Exchange composite index corrected 2.18 percent

The composite index (IHSG) of the Indonesia Stock Exchange dropped 2.18 percent at the close on Monday. It ...

Govt not to prioritize subsidized oil price adjustment yet

The government will not yet prioritize the adjustment of subsidized fuel prices due to inflation fears, a finance ...

RI`s crude oil production reaches 910,000 bpd

Indonesia`s crude oil production has until now reached 910,000 barrels per day which is still below June`s production ...

Calls for fuel price hike increasing

Various quarters have called on the government to increase fuel oil prices so that the subsidy burden in the state ...

Pertamina to raise 50-kg LPG price late June

State oil and gas firm Pertamina is planning to raise the price of non-subsidized liquefied petroleum gas (LPG) in ...

Subsidy must meet target: Official

A finance ministerial official said that energy subsidy must be provided to those who really needed so that it could ...

BI: year-end inflation May reach 5.5 pct

Bank Indonesia (the central bank/BI) has predicted the inflation rate this year can be kept below 5.5 percent if the ...

Govt projects 2012 growth at 6.5-6.9 pct

The government has projected the domestic economy to expand by a range of 6.5-6.9 percent in 2012, or slightly higher ...