#oil prices

Collection of oil prices news, found 180 news.

It is time to drop fuel prices: Minister

Coordinating Minister of Maritime Affairs Rizal Ramli has said it was time to reduce the price of fuel even as the ...

President Jokowi receives report of Indonesia rejoining OPEC

Energy and Mineral Resources Minister Sudirman Said reported the reactivation of Indonesias membership of the ...

Indonesian Petroleum Association encourages oil industry reforms

Indonesian Petroleum Association (IPA) has been encouraging the government to carry out reforms in oil and gas ...

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 ...

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, ...

Foreign investors buying state bonds

Foreign investors` interest in state rupiah-denominated bonds has continued to rise in line with increasing yields ...

Tehran hails Switzerland move to reject banking sanctions on Iran

Foreign Ministry spokesman Ramin Mehmanparast praised Switzerland's decision to reject sanctions on Iran's banking ...

Govt told to focus on new and renewable energy

The Indonesian government should focus on developing new and renewable energy sources to reduce the country`s ...

President advised to weigh consequences of ousting PKS from coalition

A political analyst has recommended that President Susilo Bambang Yudhoyono consider the impact if he decides to ...

PKS to remain in government coalition: PKS president

President of the Prosperous Justice Party (PKS) Luthfi Hasan Ishaaq has said his party would remain in the government ...

Govt to launch market operations to curb inflation

The government will launch market operations to contain inflationary pressure following the delayed rise in the prices ...

ICP reaches 128.14 dollars in March

The price of Indonesian crude oil (ICP) in March 2012 reached 128.14 US dollars per barrel, up 5.97 dollars from ...

Government predicts fuel oil shortage by August

State-owned Enterprise Minister Dahlan Iskan has predicted a shortage of subsidized fuel oil by next August due to the ...