#oil prices

Collection of oil prices news, found 540 news.

Ministry reduces cooking oil DMO to 300 thousand tons monthly

Indonesia's Trade Ministry decided to reduce the domestic market obligation (DMO) for cooking oil products, from ...

Indonesia's balance of payments in surplus in Q4 2022: BI

Bank Indonesia (BI) reports the country's balance of payments (BOP) registered a surplus of US$4.7 billion in the ...

Govt raising cooking oil DMO to 50%: minister

The Indonesian government has decided to increase the domestic market obligation (DMO) for cooking oil to 50 percent, ...

Ministry allocates Rp476 trillion for social protection

The Finance Ministry has set aside Rp476 trillion in the 2023 State Budget (APBN) for the social protection of poor and ...

Indonesia's energy resilience may help it face global recession

The threat of a global economic recession in 2023 is looming large over many countries in the world, including ...

Import growth to be higher than that of export: Economist

Bank Mandiri economist Faisal Rachman has predicted that the growth in imports will be higher than that of exports in ...

State budget works to stabilize prices and control inflation: Minister

The state revenue and expenditure budget (APBN/state budget) had worked extraordinarily to stabilize prices, thereby ...

Ministry declares Pertamax price slashed by Rp1,100

- which was priced at Rp18,300 per liter -- is currently capped at Rp16,150 per liter. Pertamina Dex (CN 53) had been ...

Jokowi endorses system to elicit foreign nations' dependence

President Joko Widodo (Jokowi) is encouraging the development of a system to build foreign dependence on ...

Current account in Q3 in surplus of US$4.4 billion: BI

Current account balance in the 2022 third quarter (Q3) recorded US$4.4-billion surplus, or 1.3 percent of the gross ...

Local governments should watch for goods' price hike before Christmas

Deputy Home Affairs Minister John Wempi Wetipo urged local governments to be cautious of the surging prices of rice and ...

Sorong city gov't distributes 1,332 fuel vouchers to affected drivers

The Sorong city administration handed out fuel vouchers to 1,022 "ojek" (motorcycle-taxi) drivers and 310 ...

Stability of financial services sector relatively well-maintained: OJK

The stability of Indonesia's financial services sector is relatively well-maintained, Chairman of the Board of ...

APINDO seeks consistent support over established palm oil policies

Chief of the Indonesian Employers Association (APINDO) Hariyadi Sukamdani sought consistent support from the ...

Indonesia must remain cautious of 2023 global crisis risk: minister

Indonesia must remain cautious of the risk of a global crisis in 2023, Defense Minister Prabowo Subianto has ...