#oil price

Collection of oil price news, found 113 news.

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 ...

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 ...

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 ...

Indonesia`s economic growth unaffected by oil price surge

Although the world oil price in Asia hovered near $105 per barrel on Tuesday a banker in Jakarta expressed the belief ...

BI : core inflation improving

The rate of core inflation in Indonesia is improving and has already reached a quite low level compared to previous ...

Oil price surge not to affect economic growth : Banker

A Royal Bank of Scotland (RBS) official expressed belief that the surge in world oil prices will not impede ...

Govt yet to determine options for gasoline use cuts

The government is not yet able to determine options to be used in reducing consumption of subsidized gasoline as it ...

President orders sharpened watch over rising world oil prices

President Susilo Bambang Yudhoyono has instructed Coordinating Minister for Economic Affairs Hatta Rajasa to keep a ...

Govt keeps monitoring global oil prices

The Indonesian government keeps monitoring the movements of global crude prices after they rose 21 percent in the past ...

Finance minister: crude price hike to increase deficit

Finance Minister Agus Martowardojo said the Indonesia Crude Price (ICP) hike which was possible due to increasing ...

News Focus: Govt still undecided on fuel consumption cuts

The government is still undecided on whether to go ahead with its plan to limit subsidized fuel consumption as of ...

High oil price may postpone subsidized fuel limitation plan

The recent high global oil prices may become one of the reasons to postpone the government`s plan to limit the use of ...