#oil prices

Collection of oil prices news, found 562 news.

Strategy needed to maintain palm oil industry's competitiveness: GAPKI

The Indonesian Palm Oil Association (GAPKI) underlined the need to take strategic steps to maintain competitiveness of ...

Be prepared for Hamas-Israel war impact: Widodo to officials

President Joko Widodo (Jokowi) has asked Indonesia's acting regional heads to be prepared for rising world oil ...

Government strengthening food stability to curb inflation

The Indonesian government is working to strengthen food stability to control the inflation rate, Head of the Fiscal ...

News Focus

Adaptive policy, sustained economic activities key to ending poverty 

According to Statistics Indonesia (BPS), as many as 26.36 million Indonesian citizens, accounting for 9.57 percent of ...

Industry players should steer clear of consumer exploitation: Minister

Finance Minister Sri Mulyani Indrawati appealed to industry players to not exploit consumers in doing their business ...

Finance Ministry launches KPBU 4.0 web application

The Directorate General of Financing and Risk Management (DJPPR) at the Finance Ministry has launched the KPBU 4.0 ...

Global turmoil to make 2024 oil prices difficult to predict: minister

Finance Minister Sri Mulyani Indrawati has said that oil prices in 2024 will continue to be affected by global ...

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 ...