#oil prices

Collection of oil prices news, found 554 news.

Indonesian govt to divert fuel subsidy to productive sectors

The Indonesian government has decided to reallocate some Rp330 trillion of energy subsidy to productive sectors that ...

Govt to increase crude imports directly from producers

The Indonesian government is to increase crude oil imports under a direct purchase scheme to ensure supplies to ...

Do not queue up for oil before price hike: Minister

Minister of Energy Sudirman Said has appealed to the people not to queue up to fill their tanks when the government ...

Total CEO de Margerie killed as Moscow jet hits snow plough

The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a ...

Red-White Coalition, Great Indonesia Coalition should stand united: PDIP

The Red-White Coalition and Great Indonesia Coalition should stand united and become the power of the nation, stated ...

Stagewise implementation of increase in subsidized fuel oil prices needed: Energy Board

The increase in subsidized fuel oil prices should be implemented in stages in accordance with the fiscal security ...

Jokowi ready to raise fuel prices

While a group of students in Malang, East Java, staged a protest against his plan, President-elect Joko Widodo said in ...

Indonesia requires additional 100 thousand MW electricity

Trade Minister Muhammad Lutfi stated that Indonesia still needed additional 100 thousand MW electricity to support ...

Pertamina lifts subsidized fuel oil sale restriction

Subsidized fuel supplies are expected to return to normal, once state-owned oil and gas Pertamina lifts sale ...

Pertamina CEO tenders resignation

The Chief Executive Officer of state oil and gas company PT Pertamina, Karen Agustiawan, has resigned from her post to ...

Govt allocates Rp433.5 trillion for subsidies

The government has set aside Rp433.5 trillion in the draft 2015 state budget for subsidy expenditures, stated ...

Indonesian govt unveils Rp2,019.9 trillion budget plan

Indonesian government has unveiled its 2015 budget plan worth Rp2,019.9 trillion balanced with state revenues ...

Jokowi needs to announce fuel price policy

Joko Widodo-Jusuf Kalla (Jokowi-JK) presidential pair has to announce fuel price policy as soon as they are ...

Jakarta composite index down 23.59 points

The Jakarta composite index (JCI) closed lower on Thursday on investors predicting that the country would post wider ...

Rupiah gains in opening against US dollar

The Indonesian currency rupiah regains some of its losses against the US dollar in the first minutes of trade on ...