#oil prices

Collection of oil prices news, found 553 news.

Fuel subsidy increase led to price adjustment: minister

The government resorted to increasing fuel prices because its spending on subsidizing the prices continued to increase ...

Pertamina devising system for effective fuel subsidy distribution

Energy and Mineral Resources Minister Arifin Tasrif has said that Pertamina is preparing a new system to ensure that ...

Fuel price increase is the government's last option: Jokowi

President Joko Widodo (Jokowi) stated that the decision to increase fuel prices in Indonesia was the government's ...

Govt-decided new fuel prices to take effect on Saturday afternoon

The government has decided to adjust the price of subsidized and non-subsidized fuels that took effect on Saturday ...

Pertamina saves US$402.46 million amid rising global oil prices

State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 ...

Fuel subsidies could reach over Rp698 trillion by 2022-end: Minister

Finance Minister Sri Mulyani Indrawati cautioned that subsidies and compensation for fuel (BBM) could reach more than ...

Government to keep energy subsidy at Rp502 trillion

The government is making every effort to keep the energy subsidy at Rp502 trillion in order to not put pressure on the ...

Price change of Pertalite should not lower people's purchasing power

Price adjustment of subsidized fuel, Pertalite, would be decided judiciously so as not to reduce the people's ...

Annual Speech

Government to be cautious of rising inflation: MPR

Chairman of the People's Consultative Assembly (MPR) Bambang Soesatyo cautioned that rising inflation puts the ...

Be prepared for possible fuel price rise, minister tells citizens

Minister of Investment and head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia has urged the people ...

ID FOOD distributes MinyaKita to eastern Indonesia through sea toll

State-owned food holding ID FOOD is working on optimizing the utilization of sea toll infrastructure to distribute ...

Gov't sends 1.3 mln liters cooking oil to eastern regions

The Trade Ministry has started delivering 1.3 million liters of cooking oil in simple packaging, priced at Rp14 ...

MPR highlights importance of anticipating global economic threats

Speaker of the People's Consultative Assembly (MPR) Bambang Soesatyo on Tuesday highlighted the ...

Trade Minister visits cooking oil factory in Padang

Trade Minister Zulkifli Hasan visited PT Incasi Raya's cooking oil factory in Padang to check stocks and ...

Concerning state of global economy due to inflation: President

President Joko Widodo (Jokowi) stated that the world was currently in a concerning condition due to declining economic ...