#oil prices

Collection of oil prices news, found 554 news.

Rupiah loses more value against the U.S. dollar

The Indonesian currency rupiah lost more value against the US dollar in the first minutes of trade on Wednesday ...

Jakarta composite index extends losses

The Jakarta composite index closed 0.16 lower on Friday on profit taking prompted by new wave of conflict in Iraq, ...

Govt should raise subsidized fuel prices: Economist

The Indonesian government should raise the prices of subsidized fuels to cut subsidy spending and curb budget deficit, ...

Stable economic base being prepared for next government

The current government, which will end term in October this year, is determined to lay a stable foundation for ...

Singapore to stop gas imports via pipelines from Indonesia

The Upstream Oil and Gas Regulator (SKK Migas) said Singapore buyers would stop importing gas via pipelines from ...

Finance minister supports acceleration of oil-gas conversion

Finance Minister M. Chatib Basri backs the accelerated implementation of the oil-to-gas conversion program for ...

Gasoline biggest contributor to inflation in 2013: BPS

Gasoline was the largest contributor to the countrys inflation in 2013, which was recorded at 8.38 percent, according ...

SKK Migas sets higher investment target for 2014

The Upstream Oil and Gas Regulator (SKK Migas) predicted that investment in upstream oil and gas sector in 2014 would ...

Indonesian Economy to Grow by Six Percent in 2014: VP

Vice President Boediono expressed optimism that the Indonesian economy will grow by five to six percent in 2014, with ...

Jakarta index extends gain, rupiah on doldrums

The Jakarta composite share price index extended gain on Monday to follow the regional trend. The index of the ...

World leaders pressure Obama over Syria at G20 summit

U.S. President Barack Obama faced growing pressure from Russia`s Vladimir Putin and other world leaders on Thursday to ...

Syrian crisis may affect global oil prices: Minister

The conflict in Syria is likely to increase the volatility of global oil prices and may even lead to an energy crisis, ...

Govt to reduce CAD to below 3 pct, says minister

Finance Minister Chatib Basri said the government would take steps to lower the country`s current account deficit ...

Indonesian govt aims to raise mandatory level of biofuel in diesel oil

One of the economic policies unveiled by the Indonesian government recently to contain the widening current account ...

Govt trapped by imports

The Indonesian government has become trapped by its dependence on imports, as inflation in July 2013 reached 3.29 ...