#world oil prices

Collection of world oil prices news, found 61 news.

Finance minister: subsidized fuel oil consumption may exceed target

Finance Minister Agus Martowardojo said the consumption of subsidized fuel oil (BBM) in 2012 may increase its target ...

Govt considering cutting foreign loans for state funding

The government is planning to cut foreign debts as an alternative source of state funding, the director general of ...

Inflation five pct if subsidized fuel cut, power rate hiked

Indonesia`s inflation rate will reach around 5.0 percent when the subsidized gasoline restriction policy and the ...

Raising subsidized oil price better than limiting consumption : Observer

The government`s plan to limit the sale of subsidized fuels beginning April 1 in Java and Bali is not the best ...

Indonesia must actively help solve global problems : President

President Susilo Bambang Yudhoyono said because of the complexity of today`s global problems Indonesia must actively ...

RI crude price up $10.29 in April

The Indonesian crude price (ICP) surged US$10.29 a barrel to US$123.36 in April from US$113.07 in March, according to ...

RI energy condition feared to be more critical

Political turmoil in oil producing countries has a potential to make energy condition in Indonesia getting more ...

Govt believes inflation to remain under control

The government believes inflation could be controlled despite the rising world oil prices as a result of political ...

Indonesia`s economic growth unaffected by oil price surge

Although the world oil price in Asia hovered near $105 per barrel on Tuesday a banker in Jakarta expressed the belief ...

Oil price surge not to affect economic growth : Banker

A Royal Bank of Scotland (RBS) official expressed belief that the surge in world oil prices will not impede ...

President orders sharpened watch over rising world oil prices

President Susilo Bambang Yudhoyono has instructed Coordinating Minister for Economic Affairs Hatta Rajasa to keep a ...

Postponement of fuel consumption cuts to burden budget Rp6 trillion

Finance Minister Agus Martowardojo said postponement of subsidized fuel oil consumption cuts would increase subsidy in ...

Finance minister hopes world oil prices to stabilize

Finance Minister Agus Martowardojo hopes that the world crude price will return to a stable level after fluctuating ...

Egypt turmoil may push up world oil price : Observer

The turmoil in Egypt can cause a surge in world oil prices as a result of a contagion effects in several oil ...

Govt wary of possible surge in world oil price

The government is now wary of a potential surge in the world oil price as a consequence of the political upheavals in ...