#OIL PRICES

Indonesia is stepping up diplomatic efforts to persuade Washington to grant tariff exemptions for its palm oil exports as the United States prepares to finalize broader trade measures following ...

West Nusa Tenggara (NTB) Governor Lalu Muhamad Iqbal has proposed a major initiative to transform Bali into a world-class green tourism destination by supplying the island with renewable energy. ...

Finance Minister Purbaya Yudhi Sadewa projected that Indonesia's inflationary pressures will soon subside, as the price spike in June 2026 was solely triggered by volatile food items and global ...

State-owned energy company PT Pertamina will cut prices for several non-subsidized fuels, including Pertamax Turbo, Dexlite and Pertamina Dex, effective July 1, while keeping subsidized fuel prices ...

The Indonesian government will keep the retail price ceiling for subsidized cooking oil Minyakita at Rp15,700 (about US$0.88) per liter despite rising global crude palm oil prices, Trade Minister ...

Lower global oil prices amid easing tensions in the Middle East could provide Indonesia with greater fiscal space, according to Government Communication Agency (Bakom) head Muhammad Qodari. ...

Trade Minister Budi Santoso stated that Minyakita, Indonesia's government-backed affordable cooking oil brand, is no longer included in the government's food assistance ...

Indonesia can expect palm oil fresh fruit bunch prices to recover after recent declines in several producing regions, Regional Representatives Council (DPD) Speaker Sultan B. Najamudin said, citing ...

Indonesia will not increase the prices of subsidized fuels, including Pertalite and Biosolar, despite rising crude oil prices and the weakening of rupiah, Energy and Mineral Resources (ESDM) Minister ...

Indonesia recorded US$3.3 billion in foreign portfolio inflows from January to April this year, mainly driven by inflows into Bank Indonesia Rupiah Securities (SRBI).Speaking at a press conference ...