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Search result with “Indonesian Crude Oil” as a keyword founded 343 news.

Jakarta Stocks Tumbled 3.27% as Oil Shock Sparks Fears for Indonesia’s State Budget

... Pilarmas Investindo Sekuritas said Indonesian equities fell in line ... Arab Emirates, have cut crude output after shipments through ... ongoing spike in global crude prices could further burden ... reportedly attacked oil depots in Tehran. WTI crude oil futures briefly ...
Business Mar 9, 2026 | 4:12 pm

Indonesia’s Budget Deficit to Near 4% of GDP if Oil Prices Top $100

... warned that war-induced oil price hikes would cause ... Indonesia’s budget deficit. “If oil prices reach $100 per barrel ... ’s 2026 budget assumed a domestic crude oil price of around $70 per ... increase in oil prices can cause the Indonesian budget deficit ...
Business Mar 9, 2026 | 9:17 am

JCI Sinks 5.45% in Early Trading as Oil Tops $100 and Global Markets Reel from War Fears

... expected, potentially extending disruptions to crude oil supply beyond earlier estimates,” Phintraco ... research note on Monday. The Indonesian government has also begun simulating ... 1.62% as Middle East Conflict, Oil Surge Fears Weigh on Indonesian Stocks
Business Mar 9, 2026 | 9:03 am

Dow Plunges 800 Points as Oil Hits Two-Year High Amid Iran War Fears

... Conflict, Oil Surge Fears Weigh on Indonesian Stocks Benchmark US crude surged ... entered its seventh day. Brent crude, the international benchmark, rose ... markets this week. Oil markets will largely depend ... the world’s seaborne oil supply passes through the ...
Business Mar 6, 2026 | 9:41 pm

Oil Near $90 on Iran Tensions, Raising Indonesia Fuel Subsidy Risks

... oil supply. The situation could strain Indonesia’s fiscal position as crude ... increasing the subsidy burden. Oil markets have already reacted ... 2026 state budget assumes an Indonesian Crude Price (ICP) of $70 ... as a last resort if crude oil prices average $92 per ...
Business Mar 6, 2026 | 9:23 pm

Fuel Price Hike a Last Resort if Oil Surge Hits Budget: Minister Purbaya

... of gross domestic product if crude oil prices average $92 per ... state budget, which sets the Indonesian Crude Price (ICP) benchmark at ... warning comes as global oil markets react to heightened ... of Andalas University said rising oil prices represent a real ...
Business Mar 6, 2026 | 9:04 pm

JCI Plunges 1.62% as Middle East Conflict, Oil Surge Fears Weigh on Indonesian Stocks

... Investindo Sekuritas said the Indonesian market was pressured by ... be particularly challenging for oil-importing countries such as ... gained 0.4% to 4,124. Oil prices eased slightly Friday after ... the Iran conflict. US benchmark crude slipped 0.8% to $80.38 ...
Business Mar 6, 2026 | 4:11 pm

JCI Opens in Red Following Dow’s 1,000-Point Drop and Rising Oil Prices

Jakarta. Indonesian stocks opened slightly ... could dampen demand for Indonesian commodities and raw materials. ... Oil Reserves as Prices Surge Despite Thursday’s rebound in Indonesian ... a prolonged spike in oil prices, particularly if crude reaches $100 per ...
Business Mar 6, 2026 | 9:04 am

Trump’s Iran Strike Exposes Indonesia’s Fragile Oil Reserves as Prices Surge

... Indonesia’s current stocks of fuel, crude oil, and liquefied petroleum gas (LPG ... , which is based on an Indonesian Crude Price (ICP) assumption of ... imports about 25% of its crude oil and 30% of its ... of commodities such as crude palm oil, iron and steel, ...
Business Mar 6, 2026 | 8:02 am

JCI Drops at Open With Asia Markets Under Pressure From Rising Oil and War Uncertainty

... crude oil flows. “A prolonged closure of the strait could push crude oil ... free-float transparency of Indonesian stocks. Global markets also ... Gold Eases After Rally, Oil Surge Fuels Global Inflation ... Composite closed down 1%. Oil prices surged after Iran struck ...
Business Mar 4, 2026 | 9:09 am

Attorney General’s Office Raids Dozens of Locations in CPO Export Corruption Probe

... a corruption investigation into crude palm oil (CPO) and its ... offices, residences, and palm oil processing facilities. Investigators are ... executives from several palm oil companies, identified by their ... scheme. Read More: Indonesian Palm Oil Export Up 59.63%, ...
News Mar 2, 2026 | 10:00 pm

Indonesia Banks on US Supply as Iran War Triggers Oil Price Hike

... of the world’s seaborne crude oil transits. Senior minister Airlangga ... import.” At home, Indonesian companies are mostly worried ... of which would be crude oil. The business arrangement also ... the latest escalations, the Indonesian government had already floated ...
Business Mar 2, 2026 | 4:15 pm

Oil Shock and War Fears Drag JCI Down 2.65% on Monday

... impact was visible in the Indonesian market, as investors grew ... The strikes triggered a surge in oil prices and broad declines across ... . The price of US benchmark crude jumped 9% to $73 per ... Strait of Hormuz, have constrained oil exports. Stephen Innes of ...
Business Mar 2, 2026 | 4:06 pm

Indonesian Palm Oil Export Up 59.63%, But Not Enough to Lift Plunging Surplus

... surplus. Indonesia’s exports of crude palm oil (CPO) and derivatives stood at ... the top buyers of Indonesian palm oil were. However, oil fats and vegetable ... . This product category encompasses crude and refined palm oil. The latest available ...
Business Mar 2, 2026 | 1:51 pm

Indonesia Stocks Sink 1.7% After Iran Strike Shakes Markets

... more than 80% of crude oil produced in the Middle ... roughly 14% of its crude oil from Iran, while its ... increase funding for the Indonesian Palm Oil Plantation Fund Management ... reduce the global competitiveness of Indonesian CPO, particularly when reference ...
Business Mar 2, 2026 | 9:05 am

Corruption Court Sentences Riza Chalid’s Son Kerry to 15 Years in $17B Oil Graft Case

... years in prison in a sweeping crude oil corruption case that prosecutors say ... . Kerry’s father, Riza Chalid, a prominent oil trader, has been named a suspect ... ’s Office into alleged irregularities in crude oil imports and fuel blending practices ...
News Feb 27, 2026 | 5:06 pm

Jakarta Renews ExxonMobil Deal in Cepu Until 2055 in $10 Billion Commitment

... Up to $15 Billion in Indonesian Carbon Storage, Petrochemical He explained ... investment pledge, ExxonMobil and the Indonesian government are negotiating a revised cost ... liquefied petroleum gas, $4.5 billion in crude oil, and $7 billion in gasoline. At ...
Business Feb 22, 2026 | 11:37 pm

Indonesia to Buy 1,000 Tons of US Rice Despite Prabowo’s Anti-Import Stance

... , Indonesia secured 0% tariffs on 172 Indonesian food commodities entering the US ... to strategic products including crude palm oil, palm kernel oil, cocoa, and processed ...
Business Feb 22, 2026 | 9:46 pm

Indonesia, US Sign Major Deal on Energy, Critical Minerals

... finalized during a meeting between Indonesian President Prabowo Subianto and US ... gas (LPG), $4.5 billion in crude oil, and around $7 billion in ... energy sector, state oil and gas company Pertamina ... Halliburton to deploy Enhanced Oil Recovery (EOR) technology. ...
Special Updates Feb 21, 2026 | 3:08 pm

US Tariff Policy Less Severe Than Feared, DEN Says

... , Washington reduced reciprocal tariffs on Indonesian goods from 32% to 19 ... Indonesia’s key export commodities, including crude palm oil (CPO), coffee, and cocoa ... energy commodities, coal, and palm oil. She also welcomed the government ...
Business Feb 19, 2026 | 2:53 pm
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