#oil prices

Collection of oil prices news, found 562 news.

Students in Papua's Jayawijaya district protest fuel price hike

Students of 12 campuses in Jayawijaya district, Papua province, staged a rally outside the Jayawijaya Legislative ...

Decrease in fuel subsidies can bolster Indonesia's economy: Minister

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan stated that the ...

Global recession can potentially impact oil price in 2023: Minister

A global recession would affect oil and other commodity prices in 2023, according to Finance Minister Sri Mulyani ...

Four thousand officers deployed for handling fuel price hike protests

Indonesian authorities deployed four thousand security officers comprising police and military members to handle ...

Tourism actors must save money amid fuel price increase: minister

Tourism and Creative Economy Minister Sandiaga Uno has appealed to tourism and creative economy players to focus on ...

OJK optimistic of strong economic growth amid rising oil prices

Financial Services Authority (OJK) Chairman Mahendra Siregar is buoyant about Indonesia's economy still clocking ...

Anti-fuel price hike protesters should avoid anarchy: Vice Governor

Vice Governor of Jakarta Ahmad Riza Patria made an earnest request to the public to refrain from anarchy while staging ...

Fuel price revision right move amid global oil price surge: observer

The government’s efforts to adjust the price of subsidized fuel oil (BBM) are appropriate in the midst of ...

Aceh police disclose 17 cases of subsidized fuel abuse

The Aceh Provincial Police disclosed 17 cases of subsidized fuel oil abuse from August 24 to September 4, ...

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 ...