#the oil price

Collection of the oil price news, found 574 news.

Fuel price hike depends on cash compensation: Minister

The government will raise the price of subsidized fuel oil after the House of Representatives (DPR) endorses cash ...

Current account deficit estimated at 2.2 pct: economist

The country`s current account deficit at the end of this year is estimated at 2.2 percent of the gross domestic ...

Govt trying to off set inflation: Minister

The government will do its best to control price increases in the face of subsidized fuel price hikes and the upcoming ...

Govt to propose oil lifting at 840,000 bpd

The government is to propose oil lifting (net production) at 840,000 barrels per day (bpd) in the revised 2013 state ...

Govt certain to revise growth target: Minister

The government is certain to revise downward the economic growth target of 6.8 percent for 2013 as the global economy ...

Deficit must be kept below three percent of GDP: Deputy minister

State budget deficit should be below three percent of the gross domestic product so that fiscal risks of additional ...

Indonesian govt to raise fuel prices when compensation ready

President Susilo Bambang Yudhoyono has said the government will raise subsidized fuel prices only when the ...

Indonesia can achieve 6.6 pct economic growth this year

Amid predictions of lower economic growth by international institutions, Bank Indonesia (BI) is still convinced that ...

Jakarta index down on global slump

The composite index of the Indonesian Stock Exchange (BEI) fell Thursday on slump that hit the global market. ...

President Yudhoyono chairs cabinet meeting on fuel subsidy policy

President Susilo Bambang Yudhoyono chaired a limited cabinet meeting at his office here on Wednesday to discuss the ...

Jakarta index down on Tuesday morning

The Indonesian Stock Exchange (BEI) opened trade on Tuesday morning with composite index falling on profit taking ...

President wants implementation of oil policy to be smooth

President Susilo Bambang Yudhoyono wishes any policy to be taken to curb oil consumption should be able to be done ...

Fuel oil price hike may save Rp40 trillion budget: Official

Ministry of Finance has calculated that government may save Rp35 to Rp40 trillion of subsidy fund if it raises the ...

Govt need not raise fuel prices: Observer

The government need not raise fuel oil prices in the face of increasing burden of the state budget, economic observer ...

Indonesian govt asked to raise subsidized fuel prices

The Institute for Economics and Finance (INDEF) has recommended that the government raise subsidized fuel prices to ...