Tag: crude oil
Indonesia’s Crude Oil Imports Will Increase as Domestic Production Is Low
The National Energy Council (DEN) said that the new oil refineries construction and the development of existing ones will increase Indonesia's crude oil imports....
The Government’s Crude Oil Production Target Reaches 1 Million Barrels Per...
Indonesia has a tough task in the future because the government has a target to produce up to 1 million barrels of crude oil...
Indonesian Crude Price Rises Again
The average price of Indonesian Crude Price (ICP) in October 2022 rose to US$ 89.10 per barrel compared to September which was only US$...
Oil Prices Suddenly Drop 17%, What Causes It?
On Wednesday, world oil prices suddenly fell amid supply disruptions due to the Russian invasion of Ukraine. Previously, oil prices touched the level of...
