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Search result with “Oil Production” as a keyword founded more than 500 news.

Oil Prices Sink Below $100 as US and Iran Agree to Ceasefire

... 83 a barrel and Brent crude oil, the international standard, dropped ... . Oil prices had spiked because the war snarled the production and ... the Gulf region early Wednesday. Oil prices were shaky. The ... long-term disruption will keep oil prices high for a long ...
Business Apr 8, 2026 | 9:18 am

B50 Plan May Squeeze CPO Supply Amid Rising Demand

... said current crude palm oil (CPO) production is still not fully ... the Indonesian Palm Oil Association (GAPKI), CPO production reached 51. ... market distortions. “Fluctuating oil and CPO prices add ... output. “Producers that increase production and exports could be ...
Business Apr 7, 2026 | 2:19 pm

Food Prices Stay Put for Now as Plastic Costs Jump Up to 60%, CPO in Focus

... “We are running simulations. If production and raw material supply remain ... such as rice, sugar, cooking oil, poultry, eggs, beef, chili, ... driven by disruptions in oil supply linked to escalating conflict ... tighter oversight on crude palm oil (CPO), a key input ...
Business Apr 7, 2026 | 12:16 pm

Middle East Tensions Begin to Hit Indonesia’s Petrochemical Industry

... can quickly ripple through domestic production, prompting industry players to explore ... resources such as gas, palm oil, and minerals, but the industrial ... using palm oil, and leveraging mineral resources for downstream chemical production. “At ...
Business Apr 6, 2026 | 11:04 pm

OPEC+ Raises Output by 206,000 bpd, but Hormuz Disruption Pushes Oil Prices to $120

... producers agreed to increase oil output by 206,000 ... “increase, pause or reverse” production plans, including earlier cuts totaling ... February continues to choke global oil flows. Global crude prices ... Unveil Austerity Measures as Oil Hits $100 The increase ...
Business Apr 6, 2026 | 12:32 pm

Iran-US Escalation Sends Freight Rates Soaring, Threatens Indonesia’s Trade

... ’s trade performance, particularly if global oil distribution is disrupted. The risks ... , creating a dual pressure of higher production costs and softer markets. The ... Strait. Roughly 20% of global oil consumption passes through the Strait ...
Business Apr 4, 2026 | 11:13 am

Government Targets 30% Buton Asphalt Use in Road Projects as Oil Prices Surge

... petroleum-based asphalt, as global oil prices climb above $100 per ... acknowledged challenges in scaling up production, particularly due to limited adoption ...
Business Apr 2, 2026 | 6:40 pm

Indonesian Palm Oil Export Up 26.40% Ahead of B50 Biodiesel

... improvements to production. Indonesian exports of crude palm oil (CPO) ... uneasy about the stagnant production. This can spell ... — without beefing up existing production — would be unwise. Indonesia ... of the palm oil reference price. “Our production is stagnant. ...
Business Apr 2, 2026 | 9:04 am

JCI Falls After BlackRock Underweight Signal

... real economic activity such as production and trade is not yet ... 0.5%, while the Nasdaq Composite climbed 1.2%. Oil prices also retreated toward $100 ...
Business Apr 2, 2026 | 9:00 am

Plastic Prices Double in Indonesia as Middle East Tensions Disrupt Supply Chains

... naphtha, a key material for plastic production that Indonesia largely imports from ... , a critical shipping route for global oil and petrochemical flows, limiting the ...
Business Apr 1, 2026 | 8:35 pm

Indonesia Shifts LPG and Fuel Sourcing Away from Middle East Risks

... Pertamina tankers carrying crude oil from Saudi Arabia ... Asian countries while boosting domestic production through expanded refining capacity. ... increasingly shift toward crude oil rather than refined ... a critical chokepoint for global oil and gas trade. Read ...
Business Mar 31, 2026 | 10:05 pm

Indonesians to Work From Home Every Friday and Save $3.5 Billion in Energy

... working in strategic fields (e.g., energy, production, transportation, logistics, and finance) will ... 25% of the global seaborne oil trade. The paralysis has worried ... Indonesians at home as two oil tankers belonging to the state ...
News Mar 31, 2026 | 8:31 pm

Amran: Indonesia Has Enough Raw Materials to Support E20 Plan

... , but Amran said existing production capacity provides a strong foundation ... scaling up biodiesel production using crude palm oil (CPO) as ... have encouraged farmers to boost production, resulting in a 6 ... owned companies to align production and supply chains, ...
Business Mar 31, 2026 | 10:36 am

Prabowo Offers Direct Access to Japanese Investors as $22.6 Billion Deals Signed

... gas block involving state oil and gas company Pertamina ... to collaborate on methanol production using captured carbon emissions ... geothermal power development, upstream oil and gas exploration, trade ... opportunities in the upstream oil and gas sector in ...
Business Mar 30, 2026 | 10:29 pm

Indonesia’s Plastic Sector Faces Shortages as Middle East Supply Tightens

... explained that plastic production relies heavily on naphtha, a refined oil product that ... Iran to Secure Passage for Oil Tankers Through Strait of ... the use of crude palm oil (CPO), to reduce reliance ... , natural gas, biomass, and oil. This allows its industry to ...
Business Mar 30, 2026 | 8:53 pm

Prabowo Ramps Up Ethanol Fuel Push with E20 Plan

... mounting geopolitical risks disrupting global oil supply. Agriculture Minister Andi Amran ... of molasses for domestic ethanol production through coordination among state-owned ... the continuation of the palm oil-based biodiesel program, targeting a B50 ...
Business Mar 30, 2026 | 6:04 pm

Indonesia Tells Japan Its B50 Palm Oil Fuel Rule Starts This Year

... Oil Association (Gapki) said the country would have to increase production ... remains stagnant. Higher production should enable Jakarta ... oil export levies to run the biodiesel program. “Our production ... Malaysia’s Japan-bound palm oil exports totaled 9.7 billion ...
News Mar 30, 2026 | 4:00 pm

OECD Cuts Indonesia’s 2026 Growth Outlook to 4.8% as Inflation Seen Rising

... to rising oil and gas prices, which could push up production costs ...
Business Mar 30, 2026 | 1:44 pm

Iran-Backed Houthis Join War by Firing Missiles at Israel

... has threatened global supplies of oil and natural gas, sparked ... would finish attacking essential weapons production sites within “a few days." ... it would further push up oil prices and destabilize “all ... millions of barrels of crude oil a day through it because ...
News Mar 29, 2026 | 4:34 am

Weekly Market Wrap: JCI Falls 0.14%, $1.8 Billion Market Cap Loss

... about one-fifth of global oil supply — has further unsettled ... conflict began, pushing global oil prices up roughly 40% ... Middle East, while volatile oil prices are fueling inflation concerns ... signaled the government may relax production curbs on nickel and ...
Business Mar 28, 2026 | 12:09 pm
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