#oil price

Collection of oil price news, found 568 news.

Palm oil price still high in 2011 although fluctuating

Although it still continues fluctuating the average price of palm oil this year will remain higher than last year ...

Govt urged to maintain fuel subsidies

The government should continue to provide fuel subsidies despite rising global crude prices in recent months, a former ...

RI`s payments balance shows US$7.7 billion surplus

Indonesia`s balance of payment recorded a surplus of US$7.7 billion in the first quarter of 2011. Bank Indonesia head ...

Govt, house to discuss fuel oil prices late May

The government and the House of Representatives (DPR) are scheduled to discuss the option of raising subsidized ...

RI crude price up $10.29 in April

The Indonesian crude price (ICP) surged US$10.29 a barrel to US$123.36 in April from US$113.07 in March, according to ...

Oil price turmoil not to affect RI economy: IMF

The International Monetary Fund (IMF) said world oil price fluctuations had not until recently showed any adverse ...

RI economy facing three threats

Indonesia is facing three threats which have the potential of disrupting the country`s economy, namely inflation, food ...

Pertamina not to raise fuel imports after Cilacap refinery fire

State oil and gas company Pertamina said it will not raise fuel oil imports after a fire raged at three tanks in its ...

Indonesian crude price to be revised

A finance ministry official said here on Monday the assumptions for the Indonesian Crude Price (ICP) as well as the ...

World Bank supports RI`s economic expansion master plan

World Bank and Asian Development Bank (ADB) support the master plan of Indonesia`s economic acceleration and ...

Hatta: govt still able to manage despite rising oil price

Coordinating minister for economic affairs Hatta Rajasa said that the government was still able to manage state ...

RI ready for nuclear technology : Observer

Indonesia is quite ready and able to develop nuclear technology and build a nuclear power plant which it needs to ...

Oil price volatility may contribute 1.5 percent to inflation : Observer

If the present oil price volatility continues, it could contribute one to two percent to Indonesia`s inflation, an ...

RI`s economy to expand 6.5 pct in 2010: BI

Bank Indonesia (the central bank/BI) has predicted the domestic economy may expand by a range of 6-6.5 percent in 2011 ...

Oil price hikes to affect industry: Legislator

Legislator Ecky Awal Muharram said that the increase in the world crude prices would affect industry at home because ...