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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Pertamina to follow Shell in seeking fuel price hike

  • Stefanno Reinard Sulaiman

    The Jakarta Post

Jakarta | Thu, May 17 2018 | 02:14 am

PREMIUM State-owned energy giant Pertamina will soon propose to the government new prices for its commercially sold gasoline products amid an upward trend in global crude oil prices that have exceeded US$70 per barrel.As of Wednesday, the price of global benchmark Brent crude was $77.91 per barrel, up from price as little as $44.82 per barrel in June last year.Pertamina acting president director Nicke Wid...